Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have filed a joint motion to modify the final judgment concerning XRP transactions.
Nature of the Motion
The motion filed on June 12, 2025, aims for a joint resolution of litigation and includes a proposal to lift the injunction against Ripple while ensuring a $125 million settlement. Ripple will pay $50 million to the SEC, with the remaining funds retained.
Market and Regulatory Impact
The outcome of the lawsuit significantly affects XRP's valuation and regulatory status. Should the court approve the settlement, Ripple anticipates enhanced market participation. The success of the motion may boost confidence across digital asset markets by clarifying XRP's standing.
Expert Insight
Legal analyst Bill Morgan highlighted the significance of the final judgment modification, stating, 'The strongest argument... is that modifying the final judgment is a key step, justified due to exceptional circumstances and mutual interest in avoiding further litigation.'
The proposed changes could have a substantial effect on the future of cryptocurrency regulation, as evidenced by historical legal precedents. A favorable resolution might accelerate XRP trading volumes, although other altcoins remain cautious pending official rulings.
