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The Ripple vs. SEC case could face further delays if both parties fail to submit the correct filings by June 16. Meanwhile, XRP’s price shows resilience despite ongoing legal uncertainties. Investors are closely watching the developments as the case enters a critical phase.
- Judge Torres rejected a $50 million settlement between Ripple and the SEC, citing procedural errors and requiring a refiling under Federal Rule 60.
- Attorney Fred Rispoli warns of potential delays if both parties fail to submit a status update by the June 16 deadline.
- XRP's price remains resilient at $2.2 despite the legal uncertainty, reflecting investor optimism about the case's eventual resolution.
📎 Related coverage from: crypto-news-flash.com
Other Tags: Fred Rispoli, Gary Gensler, Judge Torres