Ripple vs SEC: Latest Update On XRP Lawsuit

May 23, 2025
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The high-profile legal standoff between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has encountered a surprising roadblock, leaving investors and XRP supporters grappling with renewed uncertainty. In a twist that caught many off guard, U.S. District Judge Analisa Torres has declined to endorse a mutually agreed-upon settlement between the two parties, a decision that has reignited tensions and speculation throughout the crypto community. Joint Proposal Derailed by Technical Missteps Earlier this month, Ripple and the SEC reached a revised settlement deal aimed at reducing the financial burden imposed on the blockchain company. The updated terms included a proposed cut in Ripple’s penalty, slashing it from the previously imposed $125 million down to $50 million — with the remaining $75 million to be returned. The proposal also requested the lifting of an injunction that restricted Ripple’s business operations. However, Judge Torres refused to approve the arrangement , citing procedural flaws. Legal analysts have since highlighted that the rejection wasn’t merely a matter of clerical error; rather, the proposed changes conflicted with legal standards governing the modification of final judgments. Silence on the Docket Fuels Anxiety Since the May 15 ruling, no amended filing has been submitted by either party. This silence has only deepened the sense of limbo surrounding the case. For many XRP holders and industry observers, the delay is both confusing and concerning. Social media channels and community forums have become hotbeds of speculation, with theories ranging from internal disagreements to broader strategic recalculations. Because it wasn’t just “procedural inaccuracies.” There was a significant substantive problem with their approach, and the judge made it clear the bar they must clear is a lot higher than they’d claimed. — Marc Fagel (@Marc_Fagel) May 22, 2025 One former SEC attorney offered insight into the judge’s rejection, noting that the court appeared to take issue not just with procedure, but with the fundamental legal basis for revisiting the final decision. Judge Torres’ message was clear: overturning a finalized court order is no trivial matter and requires a rigorous legal justification. Legal Implications for Ripple Moving Forward The immediate consequence of the judge’s decision is that the initial penalties and restrictions remain intact. Ripple is still facing the original $125 million fine, and the injunction that limits specific business activities continues to apply. The lawsuit, despite moves toward resolution, remains active. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 This development doesn’t eliminate the possibility of a settlement, but it does extend the timeline and adds new complexity to an already protracted case. Both Ripple and the SEC are now expected to regroup and determine how best to address the court’s objections . A Prolonged Battle with No Clear End What was initially seen as the beginning of the end for the Ripple-SEC dispute has turned into yet another chapter in a saga that has stretched on for years. Although both sides appear committed to finding common ground, the court’s latest response underscores the legal rigor required to unwind a final judgment. As the crypto world watches closely, Ripple’s next legal move could prove critical in shaping the outcome of one of the industry’s most important regulatory battles. For now, the XRP community remains in a holding pattern, waiting, watching, and hoping for clarity in a case that continues to evolve in unexpected ways. 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 urged to do in-depth 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 Twitter , Facebook , Telegram , and Google News The post Ripple vs SEC: Latest Update On XRP Lawsuit appeared first on Times Tabloid .

Original article from timestabloid


Source: timestabloid
Published: May 23, 2025

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