The ruling keeps Ripple barred from selling XRP to institutional investors. It also preserves the original penalty amount imposed in the 2023 summary judgment.
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XRP Lawsuit Extends Into Q3 as Judge Torres Denies Ripple–SEC Joint Motion
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The District Court upheld the injunction prohibiting Ripple from selling XRP to US institutional investors and left the $125 million penalty intact, rejecting the parties’ attempt to modify the judgment
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