Judge Analisa Torres issued a decision rejecting the joint request of the SEC and Ripple to amend the ruling issued in August 2024, which imposed a $125 million fine on Ripple and requested a reduction to $50 million, citing a failure to follow the correct federal procedural rules.
The parties are expected to resubmit their request in a legally sound format, which may slightly prolong the litigation process without halting the main settlement path.
2. The impact of the decision on the price