Ripple vs SEC: June 16 Update Raises Stakes in Legal Battle for XRP

The legal saga between Ripple and the U.S. Securities and Exchange Commission (SEC) takes a crucial procedural step on June 16, 2025. A status report regarding any potential settlement agreement is due before the U.S. Court of Appeals. The development follows a joint request from both parties in April to postpone the appeals process for 60 days. While speculation abounds about this update potentially bringing the case closer to resolution, it’s important to note that June 16th doesn’t mark the official end of proceedings. The SEC is obligated to submit an update indicating whether a settlement agreement has been reached, or if further negotiations are needed.