Due to a procedural error and not the rejection of the settlement, after the lawyers amend the memorandum, the settlement will be approved, do not worry
XRP price drops after a U.S. court rejects a settlement between Ripple and the SEC due to a procedural flaw ⚖️📉. Suddenly, XRP faced a sharp decline after a U.S. federal court rejected a joint settlement between Ripple Labs and the Securities and Exchange Commission (SEC) ❌. The court ruled that the request was procedurally unsound for failing to comply with Rule 60 of the Federal Rules of Civil Procedure ⚠️.