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 Eleanor Terrett on Twitter, the US SEC has announced a settlement with Ripple, CEO Brad Garlinghouse, and co-founder Chris Larsen, agreeing to a reduced penalty of $50 million from the original $125 million, with the remainder returned to Ripple. Both parties will drop appeals if the court lifts restrictions, signaling the end of a long-standing legal battle. This concrete resolution eliminates major regulatory uncertainty around XRP, likely boosting trading volumes and short-term price action as investors react to the clarity on Ripple's legal standing. Market participants should monitor XRP price volatility and liquidity following this news, as the settlement sets a precedent for future crypto-related enforcement actions. (Source: Eleanor Terrett, Twitter, May 8, 2025)