Will XRP Skyrocket to $5 After Ripple Lawsuit Decision Today? Legal Expert Says ‘Don’t Hope..’
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The post Will XRP Skyrocket to $5 After Ripple Lawsuit Decision Today? Legal Expert Says ‘Don’t Hope..’ appeared first on Coinpedia Fintech News The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) continues to keep the crypto community on edge. Recently, both Ripple and the SEC renewed their joint request for an indicative ruling from Judge Analisa Torres — and now, latest rumors on social media claim a decision could arrive as soon as Monday. If the court approves the motion, many XRP supporters believe the token could quickly surge past $5. But not everyone is convinced this is a realistic outcome. Expert Issues Warning Pro-XRP lawyer Bill Morgan warned the community not to get carried away. In a recent post, he reminded followers that it took Judge Torres just seven days to reject a similar joint motion earlier. He suggested that the quick decision in the last case might be a hint that this new motion could face the same fate. Morgan explained that the strongest part of Ripple and the SEC’s request is their argument that modifying the final judgment is a necessary condition for their settlement. If Judge Torres agrees to lower Ripple’s fine and dissolve the injunction, it would finally end the case, saving court resources by closing both the appeal and cross-appeal. Perhaps you should not hope for that. It only took 7 days for Judge Torres to reject the last joint motion to modify the judgment to reduce the fine and dissolve the injunction. Less than 7 days to decide the current joint motion may not be the best sign she will grant it. https://t.co/9yFksn6Jrq — bill morgan (@Belisarius2020) June 15, 2025 However, Morgan also pointed out a weakness in this argument. He said that it was Ripple’s choice to…
