NY Judge Slaps Down SEC, Ripple’s Second Request for an Indicative Ruling on Proposed $50M Settlement

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NY Judge Slaps Down SEC, Ripple’s Second Request for an Indicative Ruling on Proposed $50M Settlement

coindesk.com/policy/2025/06/26/ny-judge-slaps-down-sec-ripple-s-second-request-for-an-indicative-ruling-on-proposed-usd50m-settlement

A New York judge has rejected a joint request from the U.S. Securities and Exchange Commission (SEC) and Ripple Labs for her to approve a proposed settlement agreement that would slash Ripple’s civil penalty to $50 million and dissolve the permanent injunction against the firm.
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This story appeared on coindesk.com, 2025-06-26 16:25:03.