Will Ripple’s SEC Saga End by June 16? The Latest Gossip Exposed

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Will Ripple‘s SEC Saga End by June 16? The Latest Gossip Exposed

It appears the social media echo chamber has been busy whispering tales of an imminent denouement in the epic courtroom opera between Ripple Labs and the ever-diligent U.S. Securities and Exchange Commission. 🎭 Some claim that on June 16, the curtain will fall, and XRP holders can finally rest easy—or so the digital chatter would have you believe.

🚨 RUMORS: The SEC v. RIPPLE case will end on June 16! #XRP

— JackTheRippler ©️ (@RippleXrpie) June 5, 2025

Alas, amidst the cacophony, there is no official communiqué from the noble courts. The date—June 16—is merely the deadline for a status update, not a prophecy of victory or defeat. A certain Mr. Fred Rispoli, a lawyer of some repute among the XRP faithful, has clarified that this is the day when the Court of Appeals may decide whether the case shall take a brief nap or continue its interminable waltz.

This stems from a dramatic panel on May 15, when Judge Analisa Torres, in a display of judicial temperance, dismissed the parties’ joint plea for a settlement, citing procedural missteps rather than any bias towards crypto-mania. Since then, no renewed effort has been made to mend these legal fences—leaving the fate of the case hanging by a thread thinner than a lawyer’s promise.

If the parties fail to re-submit their pleadings by June 16, the case might, quite literally, take a step back and restart, much like a tedious game of legal whack-a-mole. Until then, the courts remain silent, and social media remains ablaze with unsubstantiated claims of clandestine deals and secret handshakes—much to the amusement of those who enjoy their facts well-seasoned with conjecture.

In sum, the big date is just that—a date. It is neither the endgame nor the beginning of the end. And the confession that such a covert agreement exists remains as mythical as the company’s promised quarterly earnings. 🧐

Also Read: XRP Lawsuit: US SEC Files Opposition in Ripple Case

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2025-06-06 00:09