B4Bit
06/26 17:40
XRP Case As of July 26, 2025: Judge Torres Denies
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 potentially dissolve the court’s earlier permanent injunction and reduce the financial penalty previously imposed on Ripple. Judge Torres ultimately denied this request, instructing the Clerk of Court to terminate the motion accordingly.Background of the Legal Dispute
The legal dispute between Ripple Labs and the SEC began in December 2020, when the SEC sued Ripple. The SEC alleged that Ripple had violated the Securities Act of 1933 by offering and selling XRP without proper registration as a security. According to the SEC’s claims, Ripple’s failure to register deprived investors of the necessary information to make informed investment decisions.
#Share Your Thoughts on Popular Assets in June#Check In Daily, Win Prizes Daily — Join the Fun!#Claim1,200 USDT in the Monthly Creation Challenge#Do you think DELOREAN is promising?#Do you think BOBBSC is promising?
54Bagikan
Semua Komentar0TerkiniHangat
Tidak ada catatan