#CryptoRegulation Latest Legal Developments

Judge Analisa Torres issued a ruling rejecting the joint request by the SEC and Ripple to amend the judgment issued in August 2024, which imposed a $125 million fine on Ripple and requested a reduction to $50 million, citing the failure to follow the proper federal procedural rules.

Both parties are expected to refile their request in a legally sound format, which may slightly prolong the litigation process without halting the core settlement path.