Ripple vs SEC: XRP Attorney Predicts Judge Will Greenlight SEC Motion in Landmark Case
The crypto courtroom drama continues as Ripple''s legal team signals confidence in an upcoming SEC victory—but don''t expect Wall Street''s finest to stop weaponizing regulation anytime soon.
When algorithms replace lawyers, we''ll finally get efficient settlements... until the SEC starts suing AI.
TLDR
- Ripple and the SEC have filed a joint motion to lift an injunction and finalize a $125 million settlement.
- The filing was submitted on June 12 ahead of the court’s June 16 deadline.
- The proposed agreement would allocate $50 million to the SEC and return the remaining amount to Ripple.
- XRP lawyer Bill Morgan believes Judge Torres is likely to approve the joint motion despite a previous denial.
- The motion cites exceptional circumstances, including regulatory developments and mutual interest in avoiding further litigation.
Ripple and the SEC submitted a joint motion to modify the final judgment in their ongoing Ripple lawsuit. The motion proposes lifting an injunction and approving a $125 million settlement before the June 16 deadline. Both parties emphasized resolving the dispute to avoid further litigation, citing significant legal and regulatory developments.
The Ripple lawsuit continues to draw attention. The joint motion outlines revised penalty terms and a modified legal approach. The motion recommends splitting the civil penalty, allocating $50 million to the SEC, and returning the remainder to Ripple. This step, if approved, would effectively conclude one of the most-watched cases in the crypto space.
The June 12 filing marks a critical development in the Ripple lawsuit, with both sides seeking to settle on revised terms. The request follows Judge Analisa Torres’ earlier rejection of a similar motion, which lacked sufficient justification. Ripple and the SEC now cite “exceptional circumstances” to support their joint proposal, which aims to conclude the prolonged litigation.
XRP Lawyer Supports Joint Motion in Ripple Lawsuit
XRP lawyer Bill Morgan reviewed the joint motion and expressed confidence in Judge Torres’s approval. He noted the inclusion of reduced penalties and a proposed end to the permanent injunction as essential terms. Morgan highlighted that approval is necessary for the Ripple lawsuit to conclude under the proposed conditions.
Just reading today’s Ripple and SEC joint motion to judge Torres over lunch. It does not become stronger and more impressive the more you read it. I just have a feeling she’s going to grant the motion anyway.🤷
— bill morgan (@Belisarius2020) June 13, 2025
The motion’s content reflects legal precision, but a final decision rests with the court’s assessment of the “exceptional” claims. Morgan believes that both the SEC’s evolving stance and the settlement’s structure support a favorable ruling. However, failure to secure the court’s approval could revive the appeals process and prolong the Ripple lawsuit.
In his assessment, Morgan emphasized the practical benefits of concluding the case rather than continuing cross-appeals. Ripple and the SEC both aim to avoid further litigation delays and legal expenses. Thus, the settlement provides a strategic resolution to end the Ripple lawsuit effectively.
Alternative Views Question Strength of Motion
Attorney Fred Rispoli offered a different view, criticizing the motion’s lack of depth and strategic clarity. He expressed concern that the Ripple lawsuit motion did not adequately reflect Judge Torres’ past frustrations with the SEC. According to Rispoli, the motion missed a chance to address regulatory issues, and the SEC should conduct more direct oversight.
He also pointed out the limited details of how the motion approached crypto regulation and SEC dismissals. Rispoli stated the legal argument is valid, but the tone may not convince the court as intended. Nonetheless, he acknowledged that the Ripple lawsuit might still end if the judge accepts the Core legal terms.
Rispoli’s remarks underscore the divide in legal opinion over how Judge Torres might interpret the latest filing. While legal experts disagree on the motion’s strength, they agree its outcome will determine the direction of the Ripple lawsuit. The court’s response will finalize whether both sides can avoid extended legal battles.