According to Eleanor Terrett, a recent court filing argues that 'exceptional circumstances,' including a potential settlement, the SEC’s evolving crypto regulatory stance, and efforts to avoid prolonged litigation, warrant modifying Judge Torres’s final judgment in the Ripple (XRP) case. This follows Judge Torres’s May decision denying a similar request. For XRP traders, this development signals potential changes in regulatory clarity, which could impact trading volume and volatility for XRP, as regulatory uncertainty has been a major driver of price swings. (Source: Eleanor Terrett on Twitter, June 12, 2025)

According to @FilanLaw, Judge Torres has denied both the SEC and Ripple's motion for an indicative ruling, stating that the motion would be denied as procedurally improper if jurisdiction were restored to the court (Source: Twitter/@FilanLaw, May 15, 2025). This development introduces short-term legal uncertainty for XRP, which could affect trading sentiment and increase volatility in the XRP/USDT pair. Traders should monitor court proceedings closely for further updates that may drive significant price action in the crypto market.