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XRP Price Faces Uncertainty Amid SEC Legal Battle

XRP Price Faces Uncertainty Amid SEC Legal Battle

Author:
XRP News
Published:
2025-05-18 23:03:14
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[TRADE_PLUGIN]XRPUSDT,XRPUSDT[/TRADE_PLUGIN]

Judge Analisa Torres has rejected a joint request from Ripple Labs and the U.S. Securities and Exchange Commission (SEC) to dissolve a $125 million penalty injunction, leaving Ripple’s legal battle unresolved. This decision has cast doubt on XRP’s near-term price trajectory, despite the cryptocurrency showing modest resilience with a current price of $2.39650000 USDT. The court cited procedural shortcomings in the motion, further complicating the ongoing case. As of May 19, 2025, XRP’s price remains volatile, testing support levels at $2.34 while traders and investors closely monitor developments in the SEC-Ripple lawsuit. The outcome of this legal battle could significantly impact XRP’s future valuation and market sentiment.

Ripple Price Faces Uncertainty as Court Denies SEC-Ripple Joint Motion

Judge Analisa Torres has rejected a joint request from Ripple Labs and the U.S. Securities and Exchange Commission (SEC) to dissolve a $125 million penalty injunction. The decision, citing procedural shortcomings, leaves Ripple’s legal battle unresolved and casts doubt on XRP’s near-term price trajectory.

XRP currently trades at $2.41, showing modest resilience after testing support at $2.34. While the cryptocurrency has recovered slightly from this week’s peak of $2.65, market participants remain cautious. The court’s insistence on proper procedure suggests prolonged regulatory uncertainty may continue to weigh on price action.

Judge Torres Denies Ripple-SEC Settlement Motion, XRP Drops 5%

Ripple’s legal battle with the SEC took another twist as Judge Analisa Torres rejected a joint motion for an indicative ruling on their settlement. The denial, deemed "procedurally improper" due to filing errors under Rule 60, triggered an immediate 5% drop in XRP’s price.

Ripple’s Chief Legal Officer downplayed concerns, asserting the company remains unfazed. The case, ongoing since 2020, saw parties propose a 60% penalty reduction from the initial $125 million court order—a MOVE now stalled by procedural missteps.

Ripple’s XRP Forges Ahead Amid ETF Speculation and Global Expansion

Ripple’s XRP continues to carve an independent trajectory in the cryptocurrency market, undeterred by past legal skirmishes with the U.S. SEC. The token’s focus on revolutionizing cross-border payments has gained recognition from the Institute of International Finance, which positions XRP as a viable alternative to traditional systems.

Market watchers are eyeing potential ETF approvals as a catalyst for XRP’s price trajectory. AI-driven projections suggest a significant surge by May 20, 2025, though the token’s ability to sustain momentum remains contingent on regulatory clarity and institutional adoption.

Ripple Secures Court Victory as SEC Settlement Collapses, XRP Legal Status Unresolved

Judge Analisa Torres delivered a pivotal blow to the SEC’s case against Ripple Labs, denying a proposed settlement that WOULD have ended the protracted legal battle over XRP’s regulatory status. The ruling leaves the cryptocurrency in regulatory limbo while strengthening Ripple’s negotiating position.

Market observers note the decision creates immediate uncertainty for XRP holders, but potentially establishes favorable precedent for other crypto assets facing SEC scrutiny. The court’s rejection of procedural maneuvers suggests a willingness to address substantive issues in the case.

|Square

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