$XRP 🔥🔥🔥🔥 Ripple and SEC tried to call a truce but Judge Torres wants it by the book

Judge Analisa Torres denied a joint motion from Ripple and the US Securities and Exchange Commission (SEC). Both parties had tried to sneak through a motion asking the court to agree on their settlement. This move could have dissolved Ripple’s 2024 injunction and slashed its $125 million fine down to $25 million.

Commenters suggested that Judge Torres isn’t here for the easy exit, and she’s playing hardball as the long-running legal dispute is finally ending. The court’s order seems to have disrupted Ripple’s party as XRP price took a dip of 4% over the last 24 hours after witnessing an upward rally.

Ripple-SEC truce hits legal snag

Eleanor Terrett, former Fox Business journalist, in a post stated that after speaking with three legal sources, she reads that Judge Torres is not making it easy for the SEC and Ripple to simply walk away. She’s forcing both sides to earn their way out, not just wave the white flag and move on.

Pro-crypto lawyer and amicus curiae in the XRP lawsuit, John Deaton, raised a valid point, which suggests that from Torres’s perspective, the watchdog has spent years digging in on XRP being a security. This has resulted in a legal strategy that has required thousands of hours of legal and judicial manpower, just for the agency to suggest that those five years were essentially a waste.

Judge Torres might have denied their initial request, but she has also outlined a clear path forward. If Ripple and the SEC can meet the actual legal standards and convince her this do-over is in the public interest, especially for XRP’s institutional buyers, then maybe she reconsiders.

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