The legal battle between Ripple and the SEC could reach a pivotal point within 12 days. Attorney Bill Morgan highlights the June 16 deadline as a crucial moment for the case’s direction. The SEC must submit a status report to the Appeals Court by then, signaling the end of a 60-day pause granted for settlement talks. If the SEC fails to provide substantial updates regarding any progress made, or if there are no meaningful developments, the case will automatically continue to appeals and cross-appeals. However, lawyers remain divided on the likelihood of a settlement before the deadline. Some predict that both sides may settle around June 13th, while others believe a court battle is inevitable without clear indication of progress from the SEC.