Ripple and SEC Risk Restarting Critical Settlement Process if June 16 Deadline is Missed

The long-standing legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs could face another potential delay.   This possibility looms as both parties have yet to refile their motion correctly, with the June 16 deadline quickly approaching. Could the Ripple SEC Lawsuit Face a Delay? On May 8, BeInCrypto reported that the SEC and Ripple jointly requested an indicative ruling from Judge Torres to approve a settlement that would reduce the penalty to $50 million and dissolve the injunction placed on Ripple.   On May 15, Judge Analisa Torres rejected the parties’ request source: https://beincrypto.com/ripple-sec-refile-delay-settlement/