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.
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Breaking: Massive Blow to Ripple as Judge Denies Key Motion
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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
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