XRP News Today: Judge Denies Ripple's Motion, XRP Community Focuses on Numerology

In a recent development, a judicial filing in the ongoing SEC v. Ripple Labs case has sparked renewed interest and speculation within the XRP community. The filing, Document 984, dated May 15, 2025, by United States District Judge Analisa Torres, formally denied a motion from the parties requesting an indicative ruling. This motion was an attempt to revisit the terms of the previously adjudicated Final Judgment. The court concluded that the motion was procedurally improper and lacked the necessary burden of proof to vacate the injunction or reduce the civil penalty.

JackTheRippler, a prominent figure in the XRP community, drew attention to the fact that this order is Document 984, and the next filing in the case will be numbered 985. He posted on X, “The next and final SEC document has the number ‘985’ Coincidence? I don’t think so! 589 is real…#XRP.” The reference to “589” is a widely recognized speculative theory within parts of the XRP community, suggesting that XRP’s price could one day reach $589. This theory has often been criticized for lacking fundamental support but continues to surface during significant developments in the SEC v. Ripple litigation.

Crypto enthusiasts like Crypto Bitlord have claimed $589 as the real price target for XRP. The comparison appears to rely on numerological associations between the upcoming court document number (985) and the long-standing symbolic figure of 589, which some community members interpret as prophetic rather than literal. The post elicited a range of reactions from the XRP community. Some users, like Jabby Dodger, expressed skepticism, while others, such as Vanessa Cherry, defended the numerological interpretation. Another user, Patronio, echoed the sentiment of those who see deeper meaning in the document number, reflecting a mindset common among certain XRP holders who view the $589 belief as part of a broader, often conspiratorial, narrative about future adoption or a dramatic revaluation.

The court filing attached to the tweet is significant in its own right, as Judge Torres rejected a request to have the court reconsider portions of the Final Judgment related to Ripple’s liability and civil penalty. The motion was styled as a request for “settlement approval.” The court determined that it failed to meet the legal standard for relief from a final judgment under Federal Rule of Civil Procedure 60, which demands “exceptional circumstances.” The court emphasized that the parties did not even reference Rule 60 in their motion. In citing precedent from SEC v. Citigroup Global Markets, Inc., the court made clear that such requests must be grounded in specific procedural standards and that attempts to reframe the motion without addressing the necessary legal thresholds were insufficient. Consequently, the motion was denied, and the Clerk of Court was directed to terminate it.

Despite the clear legal reasoning behind the court’s decision, portions of the XRP community remain fixated on symbolic numerology and the narrative of a $589 valuation. XRP supporters and skeptics continue to monitor developments as the case advances toward its procedural end. Whether the next document, numbered 985, holds any significance beyond court administration remains, for now, purely speculative. The court’s decision underscores the importance of adhering to legal standards and procedures, even as community members continue to engage in speculative discussions about the future of XRP.