Ripple and SEC's 'secret penalty reduction' rejected by the judge! $125 million fine remains!

Ripple looking for a shortcut? The court directly refused!

They wanted to cut the $125 million fine to $50 million and conveniently lift the sales ban on XRP, but due to procedural missteps, the judge dismissed it with a single statement: 'motion not compliant'!

Key points👇

XRP sales ban still in effect

Penalty reduction request, immediately rejected

Ripple still has to honestly finish this lawsuit, and the appeal is ongoing

This lawsuit isn't over; the next step is either to navigate around procedural pitfalls and start over or appeal for a reversal, but this operation has already failed.

Conclusion: Want to quietly reduce the penalty and leave? The judge's words: No way!