XRP News Today: XRP Prices LIPS AS Judge Defense of Workers’ Intents for 50 m SEC DIP adhid $ 160 million Ecodus

The long-standing legal battle in Ripple with American commission securities, 16. May 2025. years, after the American District Judge Analis Torres refused the proposed settlement of 50 million dollars between the two parties.

The judgment They launched a sharp decline in the KSRP price, erimating recent winnings and caused wave of cautious repositioning among merchants.

The judge rejects Ripple’s $ 50m with sex

Judge Terres discarded A joint request from Ripple and SEC, stating that “procedural irregularly” and beyond its competence, as is the case Currently under the appeal. “Even if the jurisdiction existed, the movement failed to justify the relief,” she added, providing a significant procedural blow to both sides.

Judge Torres dismissed SEC and Ripple’s joint movement as “procedural improper”, saying that it would deny that even with appropriate competence. Source: James K. Fine over x

The lawsuit, initially submitted in December 2020, accused that she reproduced $ 1.3 billion via unregistered sales XRP. Although the case considered partial judgments favorable to reproduce, including the decision 2023. The year declared XRP is not security when sold Public stock exchangesThe final resolution remains elusive.

The market responds with $ 160 million withdrawal of derivatives

The last court development had Immediate impact At the CRIPTO RIPPLE market. After the verdict, the KSRP value died over 6% to $ 2.37, down from Sunday high $ 2.60. Analysts recorded that this reversal deleted most of the pricing gains performed after the announcement 8. May Potentially settlement.

According to data from Koinglass and Coingecko, the KSRP derivatives reacted quickly, with over $ 160 million of open interest in the pulled side of 24 hours. This 3.29% of the signal falls that many traders risk their positions, predicting long-term legal proceedings and regulatory ambiguity.

Most of these liquidations – more than $ 13.5 million – were long positions, she emphasized the market on the market. Meanwhile, market activity on the KSRP also dramatically refused, and open interest rates over 76% to $ 254,000, despite a short spike in scope.

Ripple’s legal team remains optimistic

Despite the terms of the procedure, Ripple does not turn off. Stuart alderioti, Ripple’s Chief Law Officer, emphasized that the judgment does not negate before Legal victories. “Nothing in today’s order changes Rippples’ victory,” he said, noted that rejection is based solely on procedural grounds in terms of resolving Ripple’s crossing.

Ripple says the order does not affect its legal victories, inviting him to a procedural issue and confirms that both parties will re-examine the case. Source: Stuart alderi over x

He added that Ripple and DC remained aligned in his intention to solve the dispute, and both plan to improve the corrected request. “Ripple and SEC are fully in agreement to solve this case and will re-examine this issue with the Court”, together “,” Alderi wrote on KS (earlier Twitter).

Wider implications for XRP lawsuits and cryptic regulation

Legal experts believe that this decision could delay final resolution XRP Seca lawsuit In a few months. The Cripto Lawyer John Deaton called the ruling “Curveball”, suggesting that the judge might push attempts to quickly monitor the conclusion. “This is a judge who tell SEC and Ripple,” I’m nothing of the rubber stamps. Convince me, “Deaton said.

It added that Future applications They will probably have to explain the wider legal standards and public interest, instead of simply represent an agreement between the parties.

The case remains a key moment in developing Regulatory landscape for crypto property. While the execution actions softened Trump-appointed Chair Paul Atkins, Litigation lawsuit and remains a focus in defining how to apply for securities from the US value Digital means.

What is next for XRP prices?

The rejected settlement has introduced fresh insecurity in XRP Price predictions for 2025. While some analysts previously forecast potential rally to $ 9 or more, end frame It now seems blurred by legal disposal and bear feelings.

XRP traded about $ 2.37, in the last 24 hours in the last 24 hours at the time of pressure. Source: XRP liquid index (XRPLX) via Brave new coin

With $ 2.30 of $ 2.40 serving as a Temporary supportParticipants in the market will carefully watch that they see if the KSRP can further stab or diminish. According to merchants, the failure to hold above $ 2 code could start a deeper consolidation or even a Short-term correction.

In addition, the KSRP / BTC ratio fell by 5.3% 16. May, suggesting that the XRP can be sent compared to Bitcoin and Etherum If a widening crypto Rally continues without regulatory clarity for Ripple.

Final thoughts

Procedural rejection of Ripple’s $ 50 million settlement took legal uncertainty at the time when many believed XRP Updating the lawsuit indicated an immediate conclusion. Although the court’s response has not changed existing judgments in the use of Ripple, it delayed closure and caused a defensive attitude among merchants.

Since Ripple and SEC is prepared for return with revised movement, investors and across the CRIPTO community, it will be kept for defining The case takes place“What does that mean for the future of Ripple XRP news and regulatory precedent in the industry.