Ripple and SEC Seek Settlement Approval as MUTM Presale Draws XRP Investors

Ripple Labs and the U.S. Securities and Exchange Commission jointly filed a motion on June 17 asking Judge Analisa Torres to approve a settlement that would end their long-running lawsuit over XRP sales. The proposed agreement keeps the prior court judgment intact but reduces financial penalties, minimizes appellate risk and conserves judicial resources. Ripple highlighted the SEC’s creation of a dedicated crypto task force and its evolving approach to digital-asset regulation. Meanwhile, Mutuum Finance’s presale (MUTM) is in Phase 5 at $0.03 per token—a 200% increase from the initial $0.01 price. Over $10.9 million has been raised, more than 560 million MUTM tokens sold and 12,300 holders onboard. Phase 5 is 40% filled; Phase 6 will raise the price to $0.035. Mutuum Finance promises a 100% guaranteed return at public launch ($0.06), backed by an 80% security score from a CertiK audit and no recent vulnerabilities. The project offers decentralized finance loans, a top-holder leaderboard with bonus rewards and a $100,000 MUTM giveaway for presale participants. This dual development—potential closure of the XRP lawsuit and rapid MUTM presale growth—could reshape short-term capital flows and trader focus in the crypto market.