Ripple vs SEC Lawsuit Not Fully Settled Yet, Say Legal Experts

The post Ripple vs SEC Lawsuit Not Fully Settled Yet, Say Legal Experts appeared first on Coinpedia Fintech News Ripple CEO Brad Garlinghouse recently dropped a major update. Ripple is officially pulling back its cross appeal, and the SEC is expected to do the same. After years of courtroom drama, this could mark the end of one of crypto’s most high-profile battles. Recently, Judge Torres rejected a joint request from the SEC and Ripple to approve a proposed settlement. The deal aimed to cut Ripple’s civil penalty to $50 million and lift the permanent injunction. One of the X users noted that it’s not over until the SEC formally confirms. Bill Morgan shared that a vote from SEC commissioners is still needed, but it’s now just a matter of when, not if. SEC Vote Still Needed, But Outcome Is Certain Former SEC official Marc Fagel explains the SEC still needs to formally vote to drop its appeal. The SEC’s previous vote only approved the proposed agreement, not a full case dismissal. Since the settlement was conditional and the court didn’t approve it, the SEC now needs to hold a separate vote to officially drop the appeal. Injunction Remains Marc Fagel confirms that while the Ripple-SEC litigation is effectively over, the injunction against Ripple remains in place. When asked about Ripple’s institutional strategy, he warns distributing XRP through other companies could still violate securities laws, though he noted the current SEC’s lax enforcement makes outcomes unpredictable. So, the fact that Ripple was ready with this decision less than a day from the Torres ruling means it at least heavily planned for this scenario, discussed it with the SEC, and made whatever agreements/discussions necessary for moving forward. Thank heavens this is over! https://t.co/4gX0pIgyWj — Fred Rispoli (@freddyriz) June 28, 2025 Attorney Fred Rispoli weighed in on Ripple’s surprise announcement and noted that the timing was not accidental. Ripple’s decision to drop its cross appeal came just a day after Judge Torres’ final judgment, which shows that the outcome was likely planned in advance. According to Rispoli, Ripple and the SEC had already discussed the terms behind closed doors, setting the stage to quietly bring this long battle to a close. 2023 Ruling Stands: XRP Not a Security in Retail Sales XRP price jumped to $2.15 following the announcement. The case will fully close once the SEC also drops its appeal, which is expected in the coming weeks. The key 2023 ruling still stands, confirming that XRP sales on exchanges are not securities, offering continued clarity for retail traders.

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Crypto Hacks Surge in 2025: $2.1 Billion Stolen in Just 6 Months

The post Crypto Hacks Surge in 2025: $2.1 Billion Stolen in Just 6 Months appeared first on Coinpedia Fintech News The crypto industry is facing a security crisis in 2025. In just the first half of the year, hackers have stolen over $2.1 billion across 75 incidents, according to a new report from TRM Labs, marking a 50% increase from previous years. Crypto Thefts Skyrocket in 2025 TRM Labs highlighted that infrastructure attacks—including private key thefts, seed phrase breaches, and front-end hijacks—accounted for over 80% of the stolen funds. These attacks were often ten times larger than other exploit types and typically enabled by social engineering or insider access. “These breaches expose critical weaknesses at the foundation of cryptosecurity,” said TRM Labs. North Korea Behind $1.6 Billion in Crypto Hacks The Democratic People’s Republic of Korea (DPRK) has been linked to a staggering $1.6 billion in stolen crypto this year—about 70% of the total. The largest hack was reportedly on Bybit, a Dubai-based exchange, pushing the average hack size to $30 million in 2025, double the $15 million average in 2024. North Korea continues to exploit crypto markets to evade international sanctions, making it one of the most dangerous state actors in the digital asset space. Israeli Hacker Linked to $100M Nobitex Breach In another shocking case, Nobitex, an Iranian exchange, lost $100 million in crypto during a coordinated attack in June 2025. Investigations revealed that the hack was led by Israeli cybercriminal Gonjeshke Darande, highlighting how geopolitical tensions are now directly impacting crypto security. How Crypto Companies Can Protect Themselves TRM Labs outlined several key steps to combat these growing threats: Cold storage for user funds Multi-factor authentication (MFA) Regular security audits Insider threat detection systems Social engineering countermeasures Transparent communication with users With crypto hacks becoming more frequent and severe, platforms must act quickly. From wallet breaches to exchange exploits, the global crypto ecosystem is under pressure. As high-stakes actors like North Korea and Israel-based groups intensify their attacks, implementing robust security frameworks is no longer optional—it’s essential.

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XRP Price Prediction As Ripple Ends Legal Battle With SEC

The post XRP Price Prediction As Ripple Ends Legal Battle With SEC appeared first on Coinpedia Fintech News The XRP community finally got some good news this week. Ripple has decided to drop its cross-appeal in its long-running court battle with the U.S. Securities and Exchange Commission (SEC). Ripple CEO Brad Garlinghouse made the announcement on social media on June 27. He also revealed that the SEC is expected to drop its own appeal soon. In a statement, Garlinghouse said, “We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value.” XRP Price Update Following the news, XRP’s price turned green and showed a small recovery. However, if we look at the bigger picture, XRP is still in a bearish trend. This means the price has been making lower highs and lower lows over time. Like most downtrends, there are short-term bounces where the price moves up a bit before heading lower again. To officially confirm a bullish trend reversal, XRP would need to form a higher low or break above a key resistance level, showing signs of strength. As of now, those signals haven’t shown up yet. Key Levels to Watch Here are the important support and resistance levels for XRP in the coming days: Support: The price has been finding support between $2.25 to $2.21. If XRP falls below this, the next major support is between $1.92 to $1.95, which is where the price recently bounced back from. Resistance: On the upside, XRP is facing resistance at around $2.19 to $2.20. If it manages to break this level, the next hurdles are at $2.25 and then between $2.30 to $2.35. At the moment, not much has changed in XRP’s overall price action. It’s still moving within the same range, and traders are waiting for a clearer breakout in either direction.

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Robinhood Introduces Micro Futures Contracts For XRP And SOL

Popular digital brokerage platform Robinhood has launched micro futures contracts for Ripple’s XRP and Solana (SOL) , offering crypto traders the ability to trade derivatives with considerably lower capital requirements. The new offering announced on Friday expands on Robinhood’s existing crypto product lineup. Micro SOL, XRP Futures Contracts Go Live On Robinhood Robinhood has added micro futures contracts for XRP and Solana, and Bitcoin Friday futures to its trading platform. Micro futures are smaller contracts that allow retail and smaller-scale investors to speculate on or hedge against the price action of assets like stock indices, commodities, or currencies with lower capital requirements and less risk compared to standard futures. The Menlo Park, California-headquartered zero-commission trading venue already offers standard XRP and Solana futures on its platform. These are micro versions of standard cash-settled contracts offered by Chicago-based derivatives behemoth CME Group. The new micro XRP futures represent 2,500 XRP per contract (around $5,200 at publication time). Robinhood announced its foray into crypto futures earlier this year. At the time, the company said the rollout would initially be limited to Bitcoin and Ether. However, it later expanded to XRP and Solana futures. One way the U.S.-based trading firm has bolstered its crypto offerings is via strategic acquisitions of key players in the space. Earlier this month, Robinhood sealed a $200 million acquisition of crypto exchange Bitstamp — a deal pundits suggest will help it expand worldwide. The broker is extending its focus on derivatives as an effort to compete with established players like Charles Schwab and Morgan Stanley’s E*TRADE, which already offer crypto futures. Besides Robinhood, several prominent derivatives platforms have expanded their crypto suite under the new crypto-friendly Donald Trump administration. As ZyCrypto reported , the CME Group debuted its XRP futures on May 19, setting the stage for the eventual greenlighting of spot-based XRP exchange-traded funds (ETFs). They registered approximately $542 million in notional monthly volume , which indicates strong institutional appetite. According to Bloomberg analysts, there is now a staggering 95% likelihood of spot XRP products being approved for launch in 2025.

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Binance Coin Eyes $900 Target as Exchange Activity and Whale Moves Spike

The post Binance Coin Eyes $900 Target as Exchange Activity and Whale Moves Spike appeared first on Coinpedia Fintech News Binance Coin (BNB) is gaining bullish momentum as on-chain data signals rising Binance exchange activity and investor confidence for the exchange. As the platform’s activity is boosting with increasing inflows of top cryptos like BTC to Binance, growing institutional participation, and consistent BNB utility through trading and fee reductions. The stage is set for a strong upside in the BNB price trajectory and experts are projecting targets above $900 mark. Keep reading to know more. BTC Inflows Indicate Rising User Activity In Binance In recent data shared by an analyst , BTC inflows to Binance have surged, but this data showed a bigger picture for BNB than BTC. The broader implications go beyond BTC alone. Since BTC is the most dominant crypto holding over $2 trillion market cap, and a significantly large proportion of exchange-related activities occur on Binance. This itself is a strong optimistic point for Binance’s fundamentals. A closer look at its BTC inflows rising on Binance is a clear indication that BSC is witnessing growing user activity, which is evident by BSC’s daily transactions chart and active addresses chart of H1 2025. This reveals a more compelling narrative for Binance Coin (BNB), as this directly reveals that investor engagement on Binance rises, and BNB stands to benefit fundamentally. Binance Liquidity On Rise Similarly, when capital flows to an exchange, utility tokens like BNB are used for ecosystem access that boosts both demand and value. Based on CryptoQuant’s chart, the metric “exchange inflow – spent output value bands (%)” revealed that Whale-level transactions (10K BTC) spiked on June 16th, representing 83 percent of all inflows. This indicates that whale presence on Binance is advancing and is beneficial for the ecosystem. This indicates that capital inflows of institutional entities are rising. Source: cryptoquant Since, it’s a fact that liquidity is a key driver of any exchange’s health, and Binance is witnessing a rise in liquidity with advancing BTC inflows, which means more traders, higher order book depth, and tighter spreads. Therefore, as its platform utility gains organically, the BNB price rise seems imminent. Also, the current conditions are laying the groundwork for a strong bullish outlook for the BNB price in the coming weeks or months. Analyst Hints at a Rise Towards $900 in BNB Price Last year, the BNB price saw a magnificent climb from $202 to $794. However, bears dropped their price to $510 in Q1 of 2025. Later, in Q2, bullish momentum reawakened by hitting $698 by the last week of May. [post_titles_links postid=”475863″] Despite this growth, BNB has been stuck in a sideways trend for the past four weeks in June. This price action appears like a descending triangle pattern in the short term, and a breakout could propel it to $700 in the short term, with a recent catalyst to be activated on June 30th with the Maxwell hard fork . However, the long-term gains depend on its platform’s utility, which also appears to be promising. On a high time frame, the $BNB chart is really screaming for higher, especially when compared with the rest of the market. The price is just consolidating below a key resistance level, aligned with the previous cycle top. So we are really close to price discovery. The structure… pic.twitter.com/PXubnSAZJ0 — Sjuul | AltCryptoGems (@AltCryptoGems) June 27, 2025 Moreover, an analyst, AltCryptoGems, projected that the BNB price is trading in a long-term ascending channel and BNB is close to entering a price discovery mode for targets above $900. [article_inside_subscriber_shortcode title=”Never Miss a Beat in the Crypto World!” description=”Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.” category_name=”Price Analysis” category_id=”6″] FAQs What could be the maximum trading price of Binance Coin by the end of 2025? As per our BNB price prediction 2025, the maximum trading price of $BNB could potentially reach $1,292 in 2025. How high could the BNB price reach by the end of 2030? The price of the digital asset could reach a potential high of $2,749 by 2030. How much would the price of Binance be in 2040? As per our latest BNB price analysis, Binance could reach a maximum price of $66,973. How much will the BNB price be in 2050? By 2050, a single Binance price could go as high as $167,361.

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XRP Price Rises as Ripple Signals Possible End to SEC Legal Dispute and Focus on Growth

XRP surged over 3% following Ripple CEO Brad Garlinghouse’s announcement of ending the prolonged legal dispute with the US SEC, signaling a pivotal moment for the cryptocurrency. The decision to

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XRP Tops Upbit’s KRW Market with 18.62% Share in $1 Billion Daily Trading Volume

According to CoinGecko data on June 28th, Upbit’s trading volume surged to an impressive $1.006 billion within a 24-hour period. Notably, the XRP/KRW trading pair dominated the Korean won market,

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Big News for XRP: Ripple Officially Ends Its Cross-Appeal. Here’s What Is Next

Ripple’s Chief Executive Officer, Brad Garlinghouse, has officially announced that the company is dropping its cross-appeal in the long-standing legal dispute with the U.S. Securities and Exchange Commission (SEC). According to Garlinghouse, the SEC is also expected to withdraw its appeal as previously indicated. This decision marks a significant development in the legal proceedings between Ripple and the SEC , signaling, as Garlinghouse describes it, the closing of a key chapter in the case. In his statement, Garlinghouse emphasized that the company is now fully focused on advancing its primary mission of building the Internet of Value. Ripple’s Strategic Decision Following Court Options The CEO’s announcement came shortly after a statement from Ripple’s Chief Legal Officer, Stuart Alderoty. Alderoty addressed the legal context surrounding this decision, clarifying that the court had given Ripple two clear options. The company could either dismiss its appeal, which challenged the court’s earlier finding on historical institutional sales, or proceed with the appeal process. Alderoty indicated that the decision to withdraw the appeal reflects Ripple’s strategic choice to move forward operationally while reinforcing that the legal status of XRP remains unaffected. He underscored that XRP’s classification as not being a security in secondary market sales remains unchanged and intact. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Context Behind the Appeal Withdrawal This development follows the recent ruling by Judge Analisa Torres, who denied the joint motion submitted by both Ripple and the SEC seeking to modify certain key terms in the court’s final judgment. The denial of the joint request prompted both parties to reconsider their next steps within the litigation process. Alderoty’s comments suggest that Ripple weighed the court’s directive carefully before determining that dismissing the appeal was in the company’s best interest. XRP’s Legal Status Remains Unchanged Garlinghouse’s message further signals Ripple’s clear intention to redirect its focus away from the prolonged legal challenges and toward its operational goals. The reference to building the Internet of Value reflects Ripple’s continued efforts to expand its global payments infrastructure and further the adoption of blockchain-based financial solutions. His statement conveys a strong message of closure regarding this phase of litigation, indicating confidence in the company’s legal position and strategic direction. Closing the Chapter and Looking Ahead Alderoty’s remarks also make it clear that the decision does not impact the broader clarity Ripple achieved through previous court rulings, particularly the ruling that XRP is not a security in secondary sales. He reaffirmed that, despite the decision to withdraw the appeal related to past institutional sales, the company’s operations will proceed without interruption. The expectation that the SEC will also formally drop its appeal aligns with prior indications from the regulatory body. There is a mutual understanding to bring this phase of the legal dispute to a close. The conclusion of this chapter removes a significant legal overhang that has persisted since the case was first filed in December 2020. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Big News for XRP: Ripple Officially Ends Its Cross-Appeal. Here’s What Is Next appeared first on Times Tabloid .

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Bitcoin Voters May Influence U.S. Elections With Notable Republican Leanings, Poll Suggests

Bitcoin ownership is evolving into a significant political identifier in the U.S., with Bitcoin voters increasingly influencing election outcomes and showing a pronounced right-leaning tendency. A recent Cygnal poll reveals

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XRP spikes 3% after Garlinghouse says Ripple dropping SEC cross-appeal

XRP spiked Friday after Ripple CEO Brad Garlinghouse said the company is “closing this chapter once and for all” in its legal battle with the US regulator that began in December 2020.

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