A new motion in the Ripple vs. SEC lawsuit could finally bring the case to an end. Ripple and the SEC have requested that the court modify Judge Torres’ previous orders—but not everyone agrees with the logic. Pro-XRP Lawyer Bill Morgan shared his thoughts, raising doubts about whether this request truly meets the court’s high standard of “exceptional circumstances.
So, is this a clever shortcut to peace, or just Ripple asking for too much?
Ripple’s Last-Minute Ask
Ripple and the SEC have come together in a joint motion asking Judge Torres to adjust the final settlement terms. Specifically, Ripple wants the penalty amount reduced from $125 million to $50 million, with the remaining $75 million of the escrowed funds returned to Ripple.
The motion also requests that the court lift the injunction that has restricted Ripple’s institutional XRP sales since August 2024
According to Bill Morgan, this request is what’s holding up the appeal and cross-appeal from moving forward. If the judge agrees, the case wraps up completely, saving court time and effort.
But there’s one problem—it’s not guaranteed.