🚨 Last decision in the Ripple vs SEC case! 🚨
⚖️ Judge Analisa Torres denied the joint request from Ripple and the SEC to lift the permanent injunction and reduce the fine from $125M to $50M.
📌 The judge emphasized that Ripple remains under suspicion of possible future legal violations, therefore the compliance order remains in effect.
💬 Stuart Alderoty, legal director of Ripple, said on X: "The ball is now in our court," with the option to withdraw the appeal or continue it.
🔍 Remember: the sale of XRP to institutional investors is still considered a sale of securities, while sales to retail investors are not.
📉 The fine is not reduced and the case remains open, despite the more crypto-friendly stance of the new SEC leadership.
🔥 XRP remains the 4th largest cryptocurrency by market capitalization, and this decision marks a key chapter in crypto regulation.