Judge Torres rejects Ripple SEC settlement motion

By: thestreet|2025/05/15 19:15:05

In another twist to the years-long SEC vs Ripple case, Judge Analisa Torres has denied the joint motion for an indicative ruling on their settlement.#XRPCommunity #SECGov v. #Ripple #XRP Judge Torres has denied the parties’ motion for an indicative ruling. “If jurisdiction were restored to this Court, the Court would deny the parties’ motion as procedurally improper.” pic.twitter.com/4s95ILvzsy— James K. Filan (@FilanLaw) May 15, 2025Judge Torres said she can’t make a ruling right now because the case is still with the Second Circuit court. If that court sends the case back to her court, she would still deny their request because she thinks the way the parties asked for this change isn’t the proper legal way to do it.This is a developing story.

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