To modify the injunction that restricts Ripple from selling XRP as unregistered securities.
To reduce the civil penalty from $125 million to $50 million.
๐น Court Decision (May 15, 2025):
U.S. District Judge Analisa Torres DENIED the joint motion from Ripple and the SEC.
๐ The judge ruled that:
The motion was procedurally improper under Rule 60 of the Federal Rules of Civil Procedure.
There were no exceptional circumstances shown to warrant the changes.
๐ด Outcome:
The original injunction remains in place.
The $125 million penalty still stands.
This decision has a significant impact on Rippleโs ability to sell XRP and sets a precedent for future SEC actions involving crypto firms.
$XRP
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