$XRP Monica Long, the President of Ripple, had a meeting His | Thaiza Abreu on Binance Square

Trending Articles

Bookmarked and Liked

--

$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! 💥💥💥

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

XRP

2.4148

-1.25%

66

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Square-Creator-04f8723784e6

Explore More From Creator

$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!

--

💥💥💥XRP💥💥💥

--

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.

--

Ryan Solomon, founder and CEO of Genfinity, released a detailed breakdown of SWIFT’s upcoming blockchain integration, set to go live in November 2025.

--

$XRP 🚀🚀Ryan Solomon, founder and CEO of Genfinity, released a detailed breakdown of SWIFT’s upcoming blockchain integration, set to go live in November 2025. With SWIFT facilitating over $150 trillion annually in cross-border payments, this marks a pivotal shift in institutional finance.🚀🚀

--

Latest News

Cryptocurrency Market Experiences Significant Liquidations

--

Fifth Third Bank Explores Expansion in Cryptocurrency Sector

--

Ethereum(ETH) Surpasses 2,600 USDT with a 3.47% Increase in 24 Hours

--

Ukraine Prepares Legislation for National Bitcoin Reserve

--

MiCA Implementation Challenges and Opportunities in the EU Crypto Market

--

Trending Articles

Earn free $PEPE [Earn free PEPE 20,000 daily](https://www.b

AneesQureshiAJK

Age 18 – You’re a freshman. You use your allowance to buy a

XRP Dips as U.S. Court Rejects Ripple-SEC Settlement Over Pr

Mr Bisharat Ali shah

New nation has been carved out. Pakistan has been broken onc

If you want free banana coin 🍌🍌 Do this test [learn and e

Cookie Preferences

Cookie Preferences