U.S. District Judge Analisa Torres has officially denied the SEC’s latest motion. She has rejected the agency’s request for an indicative ruling that sought to dissolve a prior court order and reduce financial penalties against Ripple.
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BREAKING: Judge Torres Rejects Ripple SEC Motion for Indicative Ruing
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Judge Analisa Torres denied the joint motion from Ripple and the SEC to dissolve the injunction and reduce Ripple’s civil penalty, ruling that neither party demonstrated the exceptional circumstances required to overturn a final judgment based on a violation of federal law
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