Court Blocks Ripple-SEC Settlement, But XRP’s Legal Status Remains Firm

Ripple and the SEC tried to settle their ongoing XRP case, but a judge rejected the motion due to procedural errors, leaving the case on hold for now. However, Ripple’s chief legal officer quickly reassured stakeholders that XRP’s key wins are safe and sound. Both parties continue to engage in discussions and remain hopeful for a resolution soon. While there is a temporary pause, XRP’s future looks promising.

#XRPCommunity #SECGov v. #Ripple #XRP Judge Torres has denied the parties’ motion for an indicative ruling. “If jurisdiction were restored to this Court, the Court would deny the parties’ motion as procedurally improper.” pic.twitter.com/4s95ILvzsy

— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) May 15, 2025