Breaking: US SEC Delays Decision On Solana ETFs

The post Ripple News: How Long Till XRP vs SEC Case Actually Ends? Deaton Breaks It Down appeared first on Coinpedia Fintech News

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has felt like a never-ending saga for the crypto community. Just when it seemed like both sides were ready to wrap things up, a surprise twist delayed the process yet again.

A Curveball from Judge Torres

According to pro-XRP lawyer John Deaton, both Ripple and the SEC had agreed to settle the case. The SEC dropped its appeal regarding XRP’s secondary sales on exchanges, and Ripple agreed to settle its cross-appeal concerning institutional sales and a hefty $150 million fine. The plan was to reduce the fine to $50 million and lift the injunction restricting Ripple’s institutional sales.

The parties then asked Judge Analisa Torres for an indicative ruling — essentially a heads-up on how she would rule if the case was sent back to her from the appeals court.

But in a move no one expected, Judge Torres denied the motion. She pointed out procedural issues and said that the parties hadn’t addressed the “heavy burden” required to convince the court that lifting the injunction was in the public’s best interest.

Why the Judge Might Be Frustrated

Deaton explained that Judge Torres’ refusal wasn’t just about legal technicalities. After years of intense courtroom battles, mountains of paperwork, and over $250 million spent between both sides, the judge might be frustrated at the SEC’s sudden change of heart — essentially dropping its case after tying up the court’s resources for so long.

The judge is asking both sides to explain why lifting the injunction serves the public good, especially since her original ruling found Ripple’s institutional sales violated securities laws.

What Happens Next?

So, how long until this finally ends? According to Deaton, the case isn’t deadlocked — but it has hit another “speed bump.”

He believes both Ripple and the SEC will now have to submit a joint brief making their case to Judge Torres. Ripple’s institutional clients are sophisticated investors like banks and hedge funds — not retail traders harmed by the sales.

If they can convince the judge that dissolving the injunction aligns with public interest and regulatory clarity, Deaton thinks she’ll eventually approve the settlement.

How Long Will It Take?

Deaton estimates it could still take a few more months before the XRP vs SEC case is fully resolved. “Ultimately, this is just another speed bump along the way,” he said. Once Judge Torres is satisfied, the case would go back to the Second Circuit Court of Appeals, get officially remanded to her, and the final settlement terms would be approved.

The post Ripple News: How Long Till XRP vs SEC Case Actually Ends? Deaton Breaks It Down appeared first on Coinpedia Fintech News
The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has felt like a never-ending saga for the crypto community. Just when it seemed like both sides were ready to wrap things up, a surprise twist delayed the process yet again. A Curveball from Judge Torres According to pro-XRP lawyer John Deaton, …

The post Terraform Labs Gives Creditors One Last Chance—Claim Your Crypto Losses by May 16! appeared first on Coinpedia Fintech News

If you lost crypto due to the Terra collapse, there’s still time to act. Terraform Labs has extended the deadline for victims to file their claims for crypto losses through its official portal. With the new deadline set for May 16, 2025, thousands of affected users now have extra time to gather documents and submit proof to claim their losses. 

Here’s everything you need to know.

Portal Open Until May 16, 2025

Terraform Labs, the company behind the fallen Terra USD token and Luna coin, is currently winding down operations after filing for bankruptcy. As part of this process, it has launched an online Crypto Loss Claims Portal to let affected users file claims for their crypto losses.

Earlier, the deadline to submit claims was set for April 30. However, the company has now extended the deadline to May 16, 2025, at 11:59 p.m. ET, giving creditors more time to file their claims and upload the required documents.

Meanwhile, the fastest and most trusted way to verify your holdings is through Preferred Evidence, such as read-only API keys from major exchanges or wallet verifications. 

Submitting Manual Evidence, like screenshots or transaction logs is allowed, but this method could result in delays or even disqualification if Preferred Evidence is available and not used.

Who’s Eligible?

To be eligible, claimants must have suffered losses from cryptocurrencies listed under “Eligible Loss Cryptocurrencies.” These include tokens that were part of the Terra ecosystem but exclude some holdings like Luna 2.0 on Terra 2.0 or coins with very low on-chain liquidity (below $100). 

However, a full list of eligible tokens is available on the official Kroll portal.

How and Where to File Your Claim?

Users can visit claims.terra.money to submit their claims. It’s important to complete and submit the Crypto Loss Claim Form along with all necessary documentation before the final deadline of May 16, 2025, at 11:59 p.m. ET. Any claims submitted after this time will not be accepted.

What If You Miss The Deadline?

If you’re a victim of the Terra collapse, this may be your best shot at recovering losses. However, failing to file a claim before May 16 means you’ll likely lose your chance to recover any losses. 

Be sure to visit the portal, read the claim procedures carefully, and submit your evidence as soon as possible.

The post Terraform Labs Gives Creditors One Last Chance—Claim Your Crypto Losses by May 16! appeared first on Coinpedia Fintech News
If you lost crypto due to the Terra collapse, there’s still time to act. Terraform Labs has extended the deadline for victims to file their claims for crypto losses through its official portal. With the new deadline set for May 16, 2025, thousands of affected users now have extra time to gather documents and submit …