This decision follows Judge Torres’ June 26 ruling, which denied the parties’ attempt to modify the injunction and reduce Ripple’s penalty. That rejection blocked the path to a negotiated resolution.
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Ripple Drops Appeal with SEC, Ending XRP Lawsuit After Nearly 4 Years
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Ripple abandoned its cross-appeal following Judge Analisa Torres’ denial of a joint motion, ending the legal battle between Ripple and the U.S. Securities and Exchange Commission
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Judge Analisa Torres denied a joint motion by Ripple and the SEC to modify an injunction and reduce Ripple’s penalty, blocking a negotiated resolution in June 2025
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