The post Ripple vs SEC—Why June 16 Could Be a Game-Changer appeared on BitcoinEthereumNews.com.

XRP has legal clarity, says Bill Morgan, as no such ruling came out to contradict Judge Torres’ statement. If Ripple does not report back to the court on June 16, the legal proceedings will be resumed since no settlement has been accepted. The Ripple vs. SEC case could continue for another 60 days if no new motion is filed before the June 16 deadline, lawyer Bill Morgan has warned. Morgan explained in a recent post on X that without new filings, the cross-appeal process will recommence, requiring Ripple to submit its next legal brief. He noted, ” Something has to happen by then or the Appeal and Cross-appeal continues, and a briefing is due from Ripple. But if the case is before Judge Analisa Torres by then, the proceedings are likely to stall again. The remarks by Morgan come amid growing speculation of a lift on the proposed injunction and also following reports of an unverified $50 million penalty deal. While rumors are circulating, there was no formal filing, and Judge Torres had previously rebuffed the joint settlement attempt, dismissing the filing on procedural grounds. Attorney Fred Rispoli echoed that the June 16 date is a reporting deadline, not a settlement date. The U.S. Court of Appeals also demands that the parties tell them what is happening.  XRP’s Legal Clarity Defended as SEC Quiet on Appeal In another exchange online, Bill Morgan addressed claims that XRP’s legal status remains unclear. He said the notion was false, reiterating that Judge Torres had already found that XRP is not a security. Morgan also said that the SEC’s appeal did not dispute that point. This is a lie. XRP has been found by a judge not itself to be a security. The SEC Appeal did not challenge that finding. To say XRP has…

---

Filed under: News - @ June 8, 2025 5:17 pm