šØBREAKING: JUDGE TORRES DENIES RIPPLEāSEC SETTLEMENT MOTION ā HEREāS WHAT JUST HAPPENED šāļø
The highly anticipated SEC v. Ripple case just took a dramatic twist ā and not the one XRP holders were hoping for.
COURT SAYS: āMOTION DENIED.ā ā
⢠Judge Analisa Torres DENIED the joint RippleāSEC request for an āindicative ruling.ā
⢠That motion aimed to dissolve the injunction and reduce Rippleās $125M penalty to $50M.
⢠Why? Because the motion was deemed āprocedurally improper.ā
Quote from the judge:
āIf jurisdiction were restored to this Court, the Court would deny the partiesā motion.ā
WHAT THIS MEANS (FOR NON-LAWYERS) š§
⢠Ripple & the SEC tried to pre-agree on changes to the penalty and injunction
⢠But since the appeal is already at the Second Circuit, this Court no longer has jurisdiction
⢠The judge made it clear: even if she had jurisdiction, she wouldnāt approve it ā not like this
WHAT NOW? NEXT STEPS š
⢠Ripple and the SEC must now appeal to the Second Circuit formally
⢠Only after a remand (legal return of the case to Judge Torres) can this issue be re-addressed
⢠Delays are likely, but this does not invalidate the proposed $50M penalty ā it just canāt move forward yet
MARKET REACTION? STILL PROCESSING šš
⢠XRP dipped briefly on confusion, but analysts say long-term bullish structure remains intact
⢠The settlement terms still stand ā just delayed, not dead
⢠This is a procedural block, not a rejection of the deal itself
THE REAL TAKEAWAY š”
This is a legal hiccup ā not the endgame. Itās a reminder that in crypto law, the process matters as much as the outcome.
Now we wait for the Second Circuit to act.
How do YOU see this playing out?
Bullish delay or bearish signal?
Drop your thoughts below! šš„
#XRP #Ripple #SEC #Crypto #XRPCommunity #XRPArmy #Altcoins


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