SEC and Ripple, on June 12, 2025, refiled a joint request asking Judge Analisa Torres of the Southern District of New York to issue an indicative ruling on their motion to dissolve the injunction imposed in the 2024 Final Judgment

Event date

June 12, 2025

Quotes that support claims

According to a June 12 court filing, the SEC and Ripple asked Judge Analisa Torres of the Southern District of New York to issue an indicative ruling on their joint motion to dissolve the injunction issued in a 2024 Final Judgment.

In a court document filed on Thursday in the U.S. District Court for the Southern District of New York, lawyers for Ripple and the SEC said the court should allow its joint motion and issue a ruling that the court "dissolve the injunction against Ripple" and allow for $50 million worth of fines to go to the SEC with the rest, $75 million, going to Ripple.

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Week 24 of 2025