#TrumpBTCTreasury Ripple and SEC seek agreement in ongoing legal battle

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According to Odaily, Ripple and the U.S. Securities and Exchange Commission (SEC) are seeking to reach a settlement after nearly five years of litigation. Both parties are trying to persuade Judge Analisa Torres to modify her ruling, lift the restraining order against Ripple, and reduce the fine from $125 million to $50 million, citing 'special circumstances' as justification for the request.

Cryptocurrency lawyer John Deaton estimates a 70% probability that Judge Torres will approve a victory for Ripple. He suggests that the judge may prefer to issue a final judgment rather than initiate another round of litigation.