Judge Torres rejects Ripple & SEC joint motion

Description

US District Judge Analisa Torres has denied a joint motion filed by the SEC and Ripple Labs to dissolve a court-imposed injunction and reduce Ripple's $125 million penalty to $50 million. The decision reinforces the importance of judicial finality, despite recent shifts in SEC policy.

Maintainers

Kaleidoscopia

Publish date

June 26, 2025

Related people

Stuart Alderoty

Related projects

Ripple Labs

U.S. Securities and Exchange Commission (SEC)

United States District Court for the Southern District of New York

Sources

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