TLDR
- The judge officially denied Ripple’s motion for an indicative ruling in the XRP lawsuit.
- The court stated the motion was procedurally improper and ordered it to be terminated.
- Ripple and the SEC were previously believed to be nearing a final settlement.
- The lawsuit is expected to continue for several more months without resolution.
- XRP is currently trading at $2.24 and remains below its major resistance level.
The XRP lawsuit took another unexpected turn as the court denied Ripple’s motion for an indicative ruling. The ruling delays the long-anticipated conclusion in the Ripple vs. SEC legal battle. XRP remains under pressure, and the legal delay has extended the uncertainty for the token’s holders and the wider crypto market.
XRP Lawsuit Stalls After Motion Denied
The Southern District of New York denied Ripple’s procedural request that could have helped conclude the XRP lawsuit. Judge Analisa Torres stated the motion was procedurally improper and ordered the clerk to terminate it. The denial now signals that the case will continue for several more months without a clear resolution.
Update: Still waiting for the 💯 confirmation but all my OGs know the way I roll…My info is your info 💪
The SEC Ripple & Torres have all come to an agreement/conclusion. From what I understand, Ripple ended up getting a better deal.
The announcement date will be Friday June… https://t.co/lLFECmzVSh
— The Real Remi Relief 🙏✝️💪 (@RemiReliefX) June 3, 2025
Ripple previously appeared close to securing a settlement with the SEC, creating hope for a swift end to the XRP lawsuit. However, this court decision now slows progress, resetting expectations for the timeline ahead. Despite the pushback, Ripple has not issued a new public statement following the judge’s ruling.
Legal experts noted that the ruling did not address the merits of the case but only the filing’s timing and format. This suggests the XRP lawsuit could still close soon if a revised filing meets procedural standards. Until then, court jurisdiction remains unchanged, and no final resolution is confirmed.
XRP Price Remains Volatile Amid Legal Delay
XRP traded at $2.24 following the legal update, showing a small gain over the previous 24 hours. Despite occasional surges in trading volume, the token still struggles below its major resistance zone. Analysts believe that technical barriers remain strong until new regulatory clarity emerges.
Market response stayed muted following the court’s denial, though anticipation continues for a potential end to the XRP lawsuit. Traders observed short-term activity but avoided major movements due to the ongoing legal uncertainty. Volatility is expected to remain high in the days ahead.
Price analysts agree that a final settlement could push XRP above its all-time high of $3.84. However, current legal gridlock leaves such projections speculative without confirmed court action. XRP continues to face resistance until definitive updates are made public.
Ripple Settlement Hopes Rise Before June
XRP community influencer The Real Remi Relief claimed on social media that a major announcement is expected on June 13. According to the post, Ripple may have secured a stronger settlement deal that could end the XRP lawsuit. The influencer also implied the final deal would significantly benefit XRP’s price outlook.
Despite no official confirmation, online speculation caused renewed discussion across digital asset forums and crypto platforms. The community remains alert to any developments that might confirm or deny the June 13 date. Until then, the XRP lawsuit remains the dominant topic in crypto legal circles.
Ripple has not confirmed or denied the influencer’s claims but has maintained silence since the latest court ruling. Market watchers await formal filings or public comments that can validate the ongoing speculation. The final outcome of the XRP lawsuit remains pending, with high expectations tied to mid-June.
