Ripple Lawsuit Update: Judge Denies Motion, New Timeline Revealed

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There’s a big update in the Ripple vs SEC case. Judge Analisa Torres has officially rejected a request from both Ripple and the SEC. They had asked the court to allow them to move forward with a private settlement, hoping it would cancel out the court’s earlier judgment. But the judge made it clear that private deals don’t erase public court decisions.

In her ruling, Judge Torres explained that her judgment was made based on the law, and since those laws haven’t changed, there’s no reason for her decision to change either. She also pointed out that Ripple and the SEC don’t have the power to ignore a final court ruling. If they want to settle, they’ll need to either drop their appeals and accept her decision or continue through the appeal process.

#XRPCommunity #SECGov v. #Ripple #XRP BREAKING: Judge Torres has denied the parties’ Motion for an Indicative Ruling. pic.twitter.com/9AMhGcQUsU