The legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) continues to hang in the balance as both parties attempt to finalize a settlement agreement. Judge Torres’ previous dismissal of the initial $50 million deal has forced them back to the drawing board, leading to speculation about potential delays. Legal expert Fred Rispoli offers insight, suggesting the SEC and Ripple may be using this period for strategic maneuvering. He argues that June 16, 2025, marks a crucial deadline, as either side must file a joint status update with the U.S. Court of Appeals for the Second Circuit or face a potentially lengthy restart of the legal process.