XRP is back in the headlines — and not because it has shot to the Moon 🚀. US Judge Analisa Torres refused to accept the proposal #Ripple to settle the dispute with the SEC for $50 million. Why? Because Ripple's lawyers messed up the paperwork. A classic case 📄❌

💡 Briefly in points, without legal jargon:

XRP fell by 4.5% — the market did not appreciate the refusal of the 'settlement agreement'.

The judge said: 'Rule 60? Never heard of it!' — the parties did not comply with procedural formalities.

The $125 million fine remains in force, as do the restrictions on certain sales $XRP .

Ripple and the SEC seemed to have reached an agreement, but now they need to rewrite everything and submit it again — like a student who didn't sign their test 📝

Ripple is still in the game, but the path to concluding the court case turned out to be less smooth. Hopefully, this time the lawyers will read the instructions 😅