📅 June 26, 2025 - U.S. District Judge Analisa Torres rejected a joint request from Ripple and the U.S. Securities and Exchange Commission (#SEC ) to overturn Ripple's 2024 permanent injunction and reduce the civil penalty of approximately $125 million to $50 million, effectively nullifying the order entirely.
Judge Torres ruled that there were no "extraordinary circumstances" that would invalidate her previous summary judgment, emphasizing the public interest in legal resolution.
Stewart Alderoty, Ripple's Chief Legal Officer, commented on X/X, stating: "The ball is back in our court," confirming that #ريبل is evaluating the next steps.
Market Reaction: The price of $XRP fell by 3.7%, trading near $2.11 following the ruling, while prices $BTC and $ETH saw slight declines (around 1%) as regulatory uncertainty continues.
