XRP Lawsuit Update: Court Rejects Settlement, Leaving Future Uncertain

The ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has taken an unexpected turn as Judge Analisa Torres rejected a joint settlement proposal. This development has left XRP holders in a state of renewed uncertainty, as the court’s refusal to finalize the agreement raises questions about the future of Ripple and the XRP cryptocurrency. Previously, Ripple and the SEC had agreed to reduce the company’s penalty from $125 million to $50 million, with $75 million refunded. However, the court’s decision to reject this settlement has left the crypto community speculating about the next steps in this high-stakes legal showdown. As of May 23, 2025, the price of XRP stands at 2.42900000 USDT, reflecting the market’s cautious stance amid the legal turmoil.

XRP Lawsuit News: Ex-SEC Attorney Opens Up About New ‘Corrected Filing’

The legal battle between Ripple and the U.S. Securities and Exchange Commission takes an unexpected turn as Judge Analisa Torres rejects a joint settlement proposal. XRP holders face renewed uncertainty.

Ripple and the SEC had agreed to reduce the company’s penalty from $125 million to $50 million, with $75 million refunded. The court’s refusal to finalize this agreement leaves the crypto community questioning the lawsuit’s trajectory.

BlackRock XRP ETF Could Pose Risks for Retail Investors, Warns Black Swan Capitalist Co-Founder

Van Dell, co-founder of Black Swan Capitalists, has issued a cautionary note amid growing speculation about a potential XRP exchange-traded fund (ETF) from BlackRock. While the prospect of such an ETF might signal mainstream crypto adoption, Dell argues it could disproportionately benefit Wall Street over retail investors.

"People are excited about the idea of an XRP ETF, especially if it’s backed by BlackRock," Dell remarked in a recent video. "But the real question should be—who benefits most from it?" The warning underscores concerns that institutional players may leverage such products to their advantage, leaving smaller investors exposed to hidden risks.

Volatility Shares Launches First U.S. XRP Futures ETF

XRP enters mainstream finance with the debut of XRPI, the first U.S. ETF tracking XRP futures 1:1. Trading began on Nasdaq on May 22 under Volatility Shares, featuring a 1.15% gross expense ratio temporarily reduced to 0.94% through waivers.

The firm simultaneously introduced XRPT, a Leveraged ETF targeting 2x daily XRP returns. CEO Justin Young positions these products as bridges between crypto volatility and institutional portfolios, with XRPI required to maintain 80% exposure to XRP derivatives.