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Judge Upholds $125 Million Penalty Against Ripple Labs Amid ...
2025-06-26 22:55:10
Blockchain
Regulation
Finance

Judge Upholds $125 Million Penalty Against Ripple Labs Amid Legal Stalemate

A recent ruling by Judge Analisa Torres has upheld a $125 million civil penalty against Ripple Labs, denying a joint request from Ripple and the SEC to reduce this amount. The judge emphasized that modifications to such penalties must go through the appeals process, not direct petitions.

This decision maintains the status quo of the ongoing lawsuit, which has reached a standstill as both parties must now decide whether to withdraw their appeal or continue challenging the injunction. Following the ruling, the value of XRP saw a notable decline, reflecting market concerns over the unresolved legal issues surrounding the cryptocurrency.

The ruling highlights the complexities of regulatory frameworks in the evolving digital asset landscape.

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Cointelegraph.com News
26. Juni 2025 um 18:12

US judge denies Ripple, SEC joint request to reduce $125M penalty

A US judge has denied a joint request from the SEC and Ripple to reduce a $125M civil penalty. Judge Analisa Torres ruled that reducing the penalty is subject to the appeals process and cannot be done through direct petitioning of the lower court. The case continues, with both parties agreeing to drop the lawsuit entirely. As part of the wind-down, $50M will go to the SEC as a discounted penalty, while $75M will be returned to Ripple.
Crypto.news
26. Juni 2025 um 18:09

Judge rejects SEC, Ripple motion on XRP sales and $125m penalty

A federal judge has rejected a joint motion by Ripple Labs and the US Securities and Exchange Commission (SEC) to set aside a $125 million penalty and final ruling on institutional XRP sales. The court denied the motion, citing 'exceptional circumstances' required for modifying a final judgment. This decision means that Ripple and the SEC must either withdraw their appeal or proceed with it to challenge the injunction.
The Street
30. Juni 2025 um 12:08

Ripple vs SEC lawsuit hits shocking standstill

Judge Analisa Torres has denied a joint request by Ripple and the SEC for an indicative ruling, keeping the lawsuit at a standstill. The request aimed to vacate the August 2024 judgment imposing a $125 million civil penalty on Ripple and lifting the permanent injunction against it. The court's decision means that the case will proceed as normal, rather than being expedited. XRP immediately fell in value following the ruling.
The Defiant
26. Juni 2025 um 19:51

U.S Judge Denies Ripple-SEC Request to Lift Injunction and Reduce $125 Million Fine

XRP slipped 3.5% to $2.12 on Thursday after a New York judge denied Ripple’s and the U.S. Securities and Exchange Commission’s joint request to lift an injunction and endorse substantially reduced fines against the company.The latest ruling upholds the $125 million penalty associated with XRP sales to institutional investors.To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
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