#BinancePizza

Latest Legal Developments

Judge Analisa Torres issued a decision rejecting the joint request of the SEC and Ripple to modify the ruling 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 correct federal procedural rules.

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

2. Impact of the Decision on XRP Price

Following Judge Torres' decision, the price of XRP dropped by about 4.6% to $2.43, weakening the prospects of breaking the $3 level in the near term.

Technical analysis indicates that surpassing the resistance level at $2.50 may open the door for a subsequent recovery wave.

3. Context of Potential Settlement

On May 8, 2025, the SEC and Ripple announced a preliminary agreement to suspend the lawsuit and negotiate a final settlement, but the recent decision shows that there are procedural challenges that need to be addressed before it can be completed.

This settlement will define the regulatory framework for classifying digital assets in the United States, particularly the distinction between institutional sales of XRP (considered securities) and retail trading (not classified as securities).