The District Court reiterated that Rule 60(b) sets a high legal threshold for altering final judgments and found that neither Ripple nor the SEC presented the exceptional circumstances required for such relief

Quotes that support claims

Judge Torres noted that the rule, which provides for District courts to only modify judgments in extraordinary circumstances, requires strict interpretation if the justice system is to preserve the finality of judgments.

Ripple and the SEC based their request on a settlement agreement and invoked Rule 60(b), which makes it possible for a court to relieve a party from a final judgment.

The parties must show exceptional circumstances that outweigh the public interest or the administration of justice,” Torres wrote in the ruling. “They have not come close to doing so here.