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XRP Legal Breakthrough: Judge Torres Likely to Approve Ripple-SEC Joint Motion Amid Market Optimism

XRP Legal Breakthrough: Judge Torres Likely to Approve Ripple-SEC Joint Motion Amid Market Optimism

Author:
XRP News
Published:
2025-06-20 08:25:13
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In a significant development for XRP and the broader cryptocurrency market, Judge Analisa Torres is expected to approve a joint motion filed by Ripple and the SEC. The motion aims to lift an existing injunction and release $125 million from escrow, with $50 million allocated to the SEC. Despite criticism from legal experts like Attorney Bill Morgan regarding the motion's substance, its approval is seen as a necessary step toward a potential settlement. This pivotal moment in the Ripple-SEC case has sparked optimism among market observers, who view it as a positive signal for XRP's future. As of June 2025, the crypto community awaits Judge Torres' decision, which could further clarify XRP's regulatory standing and unlock new growth opportunities for the digital asset.

Judge Torres Expected to Approve Ripple-SEC Joint Motion Despite Expert Criticism

Legal proceedings in the Ripple-SEC case reach a pivotal moment as both parties file a joint motion before Judge Analisa Torres. The motion seeks to lift the existing injunction and release $125 million from escrow, with $50 million allocated to the SEC. Attorney Bill Morgan anticipates approval despite criticizing the motion's substance, noting its necessity for any potential settlement.

Market observers view this development as critical for XRP's regulatory clarity. A rejection would prolong litigation, while approval could set precedent for crypto enforcement actions. The SEC's willingness to settle for $50 million—significantly below initial demands—signals potential pragmatism in high-profile crypto cases.

Ripple and SEC Move to Close $125M XRP Lawsuit in Landmark Resolution

The protracted legal battle between Ripple Labs and the U.S. Securities and Exchange Commission appears to be reaching its denouement. In a joint filing, both parties requested a Manhattan court to dissolve the injunction and distribute the $125 million escrow—$50 million to the regulator and $75 million returned to Ripple.

This coordinated motion signals a strategic retreat by the SEC amid evolving crypto policies. Ripple successfully argued that changed regulatory conditions rendered the original penalty terms obsolete, invoking Rule 60(b)'s rare 'extraordinary circumstances' clause. The resolution effectively removes the legal cloud that has suppressed XRP's market potential since 2020.

Ripple and SEC Seek Court Approval for $125 Million Settlement in Landmark Case

Ripple Labs and the U.S. Securities and Exchange Commission have jointly proposed a $125 million settlement to conclude their protracted legal battle. Filed on June 12, the motion seeks to modify the final judgment ahead of the court's June 16 deadline, with $50 million allocated to the SEC and the balance returned to Ripple.

Legal observers note the proposal reflects both parties' desire to avoid further litigation amid evolving regulatory clarity. XRP attorney Bill Morgan predicts Judge Analisa Torres will likely approve the agreement, despite her previous rejection of similar terms. The motion cites exceptional circumstances including recent regulatory developments affecting digital assets.

This development marks a potential turning point in one of cryptocurrency's most consequential legal battles. A favorable ruling could establish meaningful precedent for how blockchain enterprises engage with U.S. regulators moving forward.

Trident Digital Tech Holdings Bets $500 Million on XRP Treasury

Singapore-based Trident Digital Tech Holdings has unveiled plans to raise $500 million to establish a corporate XRP treasury, marking one of the largest institutional bets on the cryptocurrency. The Nasdaq-listed firm will deploy capital through equity issuance and structured financial instruments, with full implementation expected by late 2025.

The MOVE signals growing institutional confidence in XRP's utility, with Trident planning to stake its holdings for yield generation while deepening ties with Ripple's ecosystem. Market reaction proved volatile—TDTH shares plunged 30% on announcement day, extending a 94% year-to-date decline, while XRP dipped 6% to $2.10.

This follows similar XRP treasury commitments from Webus ($300 million) and Wellgistics Health ($50 million), suggesting a strategic shift among corporations favoring XRP's settlement capabilities over Bitcoin's store-of-value narrative. The developments coincide with Ripple's expanding regulatory clarity in key jurisdictions.

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