Court rejects motion for indicative ruling on $50M Ripple-SEC settlement

News story


Description

U.S. District court rejected Ripple and SEC request for indicative ruling for their $50 million settlement in SEC vs Ripple case for selling unregistered securities citing a lack of legal justification and procedural impropriety.

Maintainers

Simas

Publish date

May 16, 2025

Related projects

Ripple Labs
U.S. Securities and Exchange Commission (SEC)

Related topics

Legal affairs

Sources

Ripple-SEC courtroom snafu dents XRP price rally hopes
Ripple-SEC: Next Moves Revealed by Legal Expert
Judge Rejects SEC and Ripple's Bid to Rework XRP Settlement

Tags

Week 20 of 2025
05/16/2025