Krutika Adani
Ripple-SEC Deal Rejected
Judge Torres shuts down a joint move to reduce Ripple’s fine and lift the injunction.
Judge Slams Weak Arguments
SEC cited the wrong rule, failed to justify its request—court demands stronger legal grounds.
Ripple’s Legal Officer Responds
Stuart Alderoty says, “The ball is back in our court”—XRP still not a security.
Will They Drop Appeals?
Legal experts expect both parties to quietly settle for ~$50M and end the case.