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Ripple's SEC deal denied š«
Will the XRP drama ever end? Ripple and SEC keep hitting roadblocks as they try to settle the lengthy legal saga. Here's the latest.
Andrew Hayward
June 26, 2025
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š What you need to know
Ripple and the SEC are doing their darndest to finally wrap up their yearslong legal dispute over XRP salesābut theyāve hit yet another legal roadblock.
On Thursday, U.S. District Judge Analisa Torres denied a proposal from Ripple and the SEC, refusing to cut down the original $125 million penalty or toss out an injunction imposed against the company last year.
The SEC and Ripple agreed this spring to lower the penalty to just $50 million and loosen restrictions on the payments companyās ability to sell XRP. But Judge Torres has repeatedly pushed back, this time saying the parties cannot seek to no longer be ābound by a courtās final judgment that a party violatedā the law.
Ripple Chief Legal Officer Stuart Alderoty said on X that āthe ball is back in our courtā after the ruling. Whether Ripple will continue to appeal is currently unclear, but Alderoty said, āEither way, XRPās legal status as not a security remains unchanged.ā
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