the parties previously asked Judge Torres to dissolve a permanent injunction against Ripple and cut the monetary penalty imposed on the company from $125 million to $50 million.
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Breaking: Massive Blow to Ripple as Judge Denies Key Motion
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Ripple and the SEC’s joint motion proposed a post-judgment settlement to reduce Ripple’s $125 million penalty to $50 million and vacate the injunction restricting institutional XRP sales
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