
On The Chain - Blockchain and Cryptocurrency News + Opinion Ripple Case BOMBSHELL: Judge Torres Just Shook Up the Settlement!
May 17, 2025
A judge's surprising ruling in the Ripple v. SEC case shakes up the settlement landscape, raising critical questions for XRP holders. Legal experts weigh in on the implications for Ripple's future. The hosts also explore Ripple's innovations in cross-border payments and the launch of a USD-backed stablecoin. An amusing contrast of political views on taxation leads to humorous discussions about crypto and collectibles. Additionally, the excitement around the new badass yetis and chimps NFTs adds a fun twist!
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Judge Torres Enforces Procedure
- Judge Torres denied the indicative ruling motion citing procedural issues but affirmed XRP is not a security.
- The decision signals a push for both Ripple and the SEC to revisit and work through procedural requirements together.
Judge Torres Plays Hardball
- Judge Torres is making parties work harder instead of just ending the Ripple case.
- She highlights the misuse of judicial resources and pushes for a compelling public interest case.
New SEC Could Shift Outcome
- Despite delays, a new SEC administration aligned with pro-crypto goals offers opportunity for collaboration.
- Outcomes could set important legal and regulatory precedents for the crypto industry.
