Context for Chatgpt:
SEC and Ripple have achieved an agreement on the regulation of their court proceedings, but justice rejected the petition for non -compliance with the court rules. Yet ancient rivals did not say their last word.
A new attempt to resolve the court
Justice rejected the last proposal filed by Ripple and American Sec last month, but both sides did not lose hope! They were far from giving up, joined their strengths to tilt the scales on their side.
A new proposal responding to the procedural gaps raised by Judge Analisa Torres has just filed. We commemorate this approach to adjusting the final judgment of the court proceedings in August 2024, which forces Ripple to pay a fine of $ 125 million.
🚨New: The @Secgov and @ Together they asked the District Court on Manhattan to cancel the court order in their nail box and release a civic sentence of $ 125 million held in Fragme.
They are proposed that SEC be paid $ 50 million, the remaining funds were returned… pic.twitter.com/uopquqng5q
– Eleanor Terrett (branch @elean) June 12, 2025
And because Judge Torres rejected the first proposal due to the absence of exceptional circumstances, New movement will stand a few forwards ::
- An agreement achieved between the two sides;
- Change in crypto of dry policy;
- Maintaining court resources.
In any case, lawyer Bill Morgan notes that if the application is not approved, the settlement is not closed and calls for dry court Ripple will be launched. See you in two weeks for the result.
XRP ready for explosion?
Date 16th June promises to be potentially decisive in this court proceedings because it is a deadline for the judgment of the Court of Appeal. Therefore, the ripple and American Sec have dropped moving and changed things.
Therefore, this day could mean a decisive point of turnover for XRP, as analysts indicated at the beginning of this week. The forced decision could shake the course of altcoin, but it would mean the end of the court, and it could fly with the token.
The main climb could be strengthened by Wall Street and the main institutions that, according to Flare Network, closely follow XRP. Meanwhile, Trident Digital plans to raise $ 500 million to introduce the world’s leading global company reservation, the largest project of this type never implemented.
Boooooooooooooooom !!!
Singapore Trident Digital (NASDAQ: TDTH) plans to increase $ 500 million to set up the world’s first world #Xrp book!
💥xrp will be a world reserve currency! 💥 pic.twitter.com/kr5vwlqa6y
– Jackderipler © ️ (@Ripplexrpie) June 12, 2025
Morality of History: For ripple and dry, the smallest arrangement is better than the best judgment.
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