Ripple-SEC Bid for XRP Settlement Rejected by Judge Citing 'Procedural Flaws'

coindesk.com/markets/2025/05/16/ripple-sec-bid-for-xrp-settlement-rejected-by-judge-citing-procedural-flaws

A federal judge has rejected a joint request by Ripple Labs and the U.S. Securities and Exchange Commission (SEC) to approve a proposed $50 million settlement.
In a ruling issued Thursday, U.S. District Judge Analisa Torres said the parties' motion was not only outside her jurisdiction,…

This story appeared on coindesk.com, 2025-05-16 12:42:03.
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