Key Takeaways:
Judge Torres rejected the Ripple–SEC $75M penalty reduction deal on procedural grounds, citing a lack of “exceptional circumstances.”
The ruling does not reverse prior court victories for Ripple, including the key judgment that XRP itself is not a security.
News of the suggested settlement caused XRP’s price to fall to $2.43, undoing recent increases.
On May 15, 2025, Judge Analisa Torres rejected a combined motion seeking to lower Ripple’s penalty and settle the long-running legal conflict between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), hence causing further difficulty. The ruling comes as a surprise to many in the crypto community, who believed the parties were nearing final closure.
Read More: SEC Officially Drops XRP Lawsuit, Ripple Celebrates ..
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