#BinancePizza SEC and Ripple's joint motion to amend the ruling issued in August 2024, which imposed a $125 million fine on Ripple and requested to reduce it to $50 million, citing the failure to follow proper federal procedural rules.

The parties are expected to refile their motion in a legally sound format, which may slightly prolong the litigation process without halting the underlying settlement path.

2. The impact of the decision on XRP price

Following Judge Torres' decision, the price of XRP dropped by about 4.6% to $2.43, weakening expectations of breaking the $3 level in the near term.