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Thaiza Abreu
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Thaiza Abreu
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$XRP 📄 SUMMARY OF THE DECISION Case: SEC vs. Ripple Labs, Inc. 🔹 What Ripple and the SEC requested: Both parties jointly asked the Court to issue an indicative ruling (under Rule 62.1 of the Federal Rules of Civil Procedure). Specifically, they wanted the Court to: 1. Dissolve the injunction that prohibits Ripple from selling XRP as unregistered securities. 2. Reduce the civil penalty from $125 million to $50 million, based on a proposed settlement. They argued that this was part of an agreement to settle the litigation in the District Court and the Second Circuit. 🔹 What the judge ruled: The judge denied the request, stating: • The motion was procedurally improper. • The parties used the wrong legal approach — they treated it as a settlement request, but the judgment was already final. • Under Rule 60, which governs relief from final judgments, parties must show exceptional circumstances. The parties did not do this, nor did they even cite Rule 60 in their motion. • Therefore, even if the Court had jurisdiction, it would still deny the motion. WHAT THIS MEANS • The injunction remains in place — Ripple is still prohibited from selling XRP as an unregistered security. • The $125 million civil penalty still stands — the reduction to $50 million was not approved. • The case is not over — there are cross-appeals pending in the Second Circuit Court of Appeals. • This is not a final defeat for Ripple, but this specific legal strategy failed due to procedural errors. 🧩 IS THERE A SOLUTION? YES - Ripple and the SEC still have options: 1. Proceed with the appeals currently pending in the Second Circuit. 2. File a new motion under Rule 60, properly arguing that exceptional circumstances justify vacating the injunction and reducing the penalty. 3. Renegotiate a new settlement and follow the correct legal process for approval. So…NO PANIC!
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💥💥💥XRP💥💥💥
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Sim, já venho observando isso a um bom tempo. IA programada. Observe a XRP, ADA, HBAR e XLM. A mesma vela, pra cima ou pra baixo.
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$XRP Monica Long, the President of Ripple, had a meeting His Highness Ahmed Bin Saeed at the Dubai Fintech Summit.Ripple is the first payment company which is fully regulated in Dubai! 💥💥💥
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Ryan Solomon, founder and CEO of Genfinity, released a detailed breakdown of SWIFT’s upcoming blockchain integration, set to go live in November 2025.
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