XRP News Today: Ripple and SEC File Motion to Dissolve XRP Injunction Reduce Penalty to $50 Million

Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion on June 12, 2025, to dissolve the existing injunction against Ripple in the XRP lawsuit. This move seeks to lift restrictions on XRP sales and reduce Ripple's penalty to $50 million. The proposal includes a $50 million payment to the SEC and the return of the remaining funds to Ripple, potentially resolving the long-standing regulatory uncertainty surrounding XRP. This development could have immediate implications for XRP’s price action and broader market sentiment, signaling a potential reduction in legal risk and a more favorable regulatory environment.

The motion, filed under Rule 60, is seen by legal analysts as Ripple's strongest remaining option for seeking relief from the court-imposed injunction. This injunction has precluded Ripple from engaging in certain activities, and its dissolution could pave the way for increased institutional participation and broader crypto market momentum. The court's response to this motion will be closely watched by market participants, as it could trigger significant changes in the crypto landscape.

Judge Analisa Torres previously denied a similar request, and the focus now shifts to the SEC's next move. The XRP community is keeping a close eye on the developments, as the outcome of this motion could have far-reaching implications for the cryptocurrency market. The proposal to release the $125 million civil penalty held in escrow and settle the XRP civil penalty is a critical step in the ongoing legal battle between Ripple and the SEC. This move could reduce legal risk and positively influence XRP trading volumes and price action, potentially leading to increased institutional participation and broader crypto market momentum.

As of the motion filing, no major industry or developer forums have reported on the direct implications for Ripple or similar projects. Ripple's executives have not publicly commented, and no adjustments in on-chain data or liquidity have been noted. Fred Rispoli, a legal analyst, suggested that modifications to Judge Torres' decision might reflect broader market trends. Potential regulatory shifts may alter technological landscapes or financial pathways, as precedent shows in similar cryptocurrency legal matters. Past events suggest Ripple's legal journey may yet influence industry regulation standards.

The joint request by the SEC and Ripple to resolve the $125 million penalty escrow has sparked notable market reactions. With XRP’s price climbing and trading volumes surging, alongside the rise in crypto-related stocks, the interplay between stock and crypto markets is evident. Institutional inflows and on-chain metrics further underscore the potential for sustained momentum, provided legal clarity is achieved. Traders are advised to monitor both technical levels and stock market correlations for optimal entry and exit points in this evolving landscape.