NY Judge Slaps Down SEC, Ripple’s Second Request for an Indicative Ruling on Proposed $50M Settlement

SEC, Ripple Wants to Settle Crypto Lawsuit, but US Judge Rebuffs ...

Ripple Settlement Denied as Judge Torres Rejects $50M Deal, XRP ...

NY Judge Slaps Down SEC, Ripple’s Second Request for an Indicative Ruling on Proposed $50M Settlement

In a five-page ruling issued Thursday, District Judge Analisa Torres bristled at the parties’ request she dissolve a permanent injunction ordering Ripple to obey the law.

Final Judgment Stands in Ripple Case Despite SEC Enforcement Shift

"The Court is not persuaded," U.S. District Judge Analisa Torres of the Southern District of New York ruled on Thursday.

Legal expert breaks silence after major XRP crash

XRP slid 4% over the last 24 hours following a ruling from the U.S. District Judge Analisa Torres, who denied a joint motion from Ripple Labs and the SEC that sought to wrap up key elements of their long-running legal standoff.  The decision, filed on June 26, effectively keeps the door open for further appeals and delays a final resolution. Within hours of the ruling, XRP fell from $2.16 to $2.09, erasing more than $5 billion in market capitali…