Why Judge Torres Said No to Ripple vs SEC Lawsuit Settlement

Here’s What’s Exactly Happening With Ripple, SEC and The Never Ending Lawsuit

The post Why Judge Torres Said No to Ripple vs SEC Lawsuit Settlement appeared first on Coinpedia Fintech News

Judge Analisa Torres has denied a joint motion filed by Ripple and the SEC — a move that’s now triggering deep conversations across the XRP community. Despite both parties seemingly on the same page for once, the court made it clear—there are no shortcuts when it comes to justice.

Let’s break down what happened and why the judge blocked their attempt to move forward quietly.

Ripple SEC Joint Motion Denied

Ripple and the SEC, who have battled in court for years over XRP’s legal status, recently teamed up to ask Judge Torres to approve two key changes to their case: first remove the long-standing injunction, and second reduce Ripple’s penalty from $125 million down to $50 million. 

While the request came as a surprise to many, it was seen as a joint attempt to wrap things up early and cleanly.

However, the judge wasn’t on board. She denied the request, stating that she cannot comment on or undo any part of the final judgment while the appeal is still active

In essence, she made it clear, “You don’t get to erase a final judgment just because you’re now friends.”

Why Judge Torres Said No

Ripple and the SEC tried using a rarely granted legal option under Rule 60(b)(6), which allows for changes to a final judgment in extraordinary cases. But Judge Torres rejected this, pointing to Ripple’s earlier behavior—deliberate violations of securities laws, continued misconduct, and a lack of accountability.

In her words, Ripple had shown no convincing sign of changing, and the existing injunction was still necessary to protect investors.

She made it clear, no shortcuts will be allowed while the case is still on appeal.

Quoting a past U.S. Supreme Court decision, Judge Torres reminded both parties that a final court ruling belongs to the legal system, not just those involved. Courts are not tools for convenience, and legal decisions cannot be quietly erased even when both sides want to move on.

Speculation Over Ripple SEC Allies?

XRP supporters raise a bigger question: Why did Ripple and the SEC suddenly act like allies? Some believe both parties are preparing for something bigger—possibly a major shift in how digital assets will be used globally.

With stablecoins launching, central bank digital currencies emerging, and even XRP ETF applications underway in Canada and Asia, the timing of this legal pushback feels significant.

With the motion denied, the judge’s message is clear: settlements must happen in the open, and legal shortcuts won’t be tolerated.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

Latest posts

post-thumbnail
U.S. Crypto Regulation Bill Will Be Ready by September 30th, Says Tim Scott
The post U.S. Crypto Regulation Bill Will Be Ready by September 30th, Says Tim Scott appeared first ...
READ MORE
post-thumbnail
Dogecoin Price Prediction as Bitwise Amends S-1 Filings for Spot Dogecoin ETF
The post Dogecoin Price Prediction as Bitwise Amends S-1 Filings for Spot Dogecoin ETF appeared firs...
READ MORE
post-thumbnail
Why Judge Torres Said No to Ripple vs SEC Lawsuit Settlement
The post Why Judge Torres Said No to Ripple vs SEC Lawsuit Settlement appeared first on Coinpedia Fi...
READ MORE
post-thumbnail
Will Ripple vs SEC Lawsuit’s New Delay Affect XRP ETFs? Here’s What We Know
The post Will Ripple vs SEC Lawsuit’s New Delay Affect XRP ETFs? Here’s What We Know appeared fi...
READ MORE
post-thumbnail
Crypto Czar David Sacks Says “July Will Be a Big Month” For U.S Crypto Law
The post Crypto Czar David Sacks Says “July Will Be a Big Month” For U.S Crypto Law appeared fir...
READ MORE
post-thumbnail
Ripple CLO Declares Partial Victory As XRP Lawsuit Reaches Final Stage
The post Ripple CLO Declares Partial Victory As XRP Lawsuit Reaches Final Stage appeared first on Co...
READ MORE
Read more posts