US EditionCoinStats - XRP Slides 4% as Ripple Loses Key Court Battl...
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9 Articles
Judge drops bomb on Ripple: XRP loses $2 billion in one hour
In a fresh blow to XRP holders, U.S. District Judge Analisa Torres has officially denied the joint motion filed by both Ripple Labs and the SEC requesting an indicative ruling to expedite resolution in their long-running legal battle. In her June 26 order, Judge Torres made clear: “If Ripple and the SEC want to end this, they can withdraw their appeals. But I will not cancel the court’s orders unless the legal standards are truly met.” Judge To…
The judge responsible for the case claims that there are no valid grounds for accepting the motion filed by Ripple and the SEC. Therefore, the original amount of the fine is maintained, at least until further notice. *** Judge Analisa Torres denied a joint motion by Ripple and the SEC to remove a prior court order. The ruling argues that there are no extraordinary circumstances to justify the reduction of the fine. Ripple still faces a total fin…
Court rejects Ripple and SEC bid to slash $125M penalty and lift injunction on XRP sales to institutions
The court's decision underscores the ongoing regulatory challenges and legal scrutiny facing the cryptocurrency industry. The post Court rejects Ripple and SEC bid to slash $125M penalty and lift injunction on XRP sales to institutions appeared first on Crypto Briefing.
XRP Case As of July 26, 2025: Judge Torres Denies Ripple and SEC's Joint Motion
On June 26, 2025, United States District Judge Analisa Torres issued an official order denying the joint motion filed by Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) for an indicative ruling. This decision was confirmed by journalist Eleanor Terrett of Fox Business, who recently reported the development on X. The motion, filed under ECF No. 987, asked the court to signal whether it would grant relief that could potentia…
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