#CryptoRegulation 🌐 "Procedural Settlement or Extension of the Dispute? How the Suspension of the Appeal Changes the Game Rules for XRP!"

$XRP #CryptoRegulation

1. 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 proper federal procedural rules.

Both parties are expected to resubmit their request in a proper legal format, which may slightly prolong the litigation process without halting the course of the underlying settlement.

2. Impact of the Ruling on XRP Price