- Ripple has teamed up with SEC in order to re-evaluate the punishment terms that Judge Torres had imposed.
- As the SEC’s enforcement policy shifts, the firm will drag out its case to get a better offer.
Ripple and U.S. Securities and Exchange Commission are working to amend a crucial part of their lengthy XRP case. Marc Fagel is a former SEC attorney who posted on X recently, saying that both sides are working together to change a key part of the legal judgment in their long-running XRP lawsuit. filed a joint motion Asking for an acronym is the same as asking what is known as an “indicative ruling” The court may revise its prior order.
This is the main goal. adjust the relief Analisa Turres, a judge who had already ruled on the liability of the company for illegal sales of XRP in excess of hundreds of millions dollars. In her decision, she imposed a fine of $125 million and banned future securities violations. Both parties are now trying to amend this decision while staying within legal bounds.
In a letter of follow-up, Ripple emphasized the fact that lifting the injunction did not absolve it from any future liability under U.S. Securities Laws. This request is meant to provide Ripple with the same opportunities as those granted other crypto-firms in SEC settlements.
Judge Hit Ripple With $125M Penalty—Now Both Sides Want Changes
Marc Fagel responded to questions posted online by users and confirmed that the Judge Torres already made a ruling. He declared,
Ripple raised illegally hundreds of millions from non-registered security sales. She fined the company $125m and prohibited them from committing any further violations. The SEC, Ripple and other parties are now trying to influence her to modify the sanctions she ordered.
She did. Ripple raised illegally hundreds of millions in unregistered stock sales. She penalized the company $125m for their violations and ordered them to stop. Now, the SEC is trying to convince her to alter the remedy she ordered.
— Marc Fagel (@Marc_Fagel) June 20, 2025
Both parties now request that these conditions be modified by the court. In addition to a lower financial penalty, the settlement includes better legal terms. concerns about potential appeals. The company is indicating that it believes the SEC’s regulatory approach may be changing and could lead to a more lenient result.
Bill Morgan, a lawyer who focuses on XRP, is also a part of this. stated that Ripple—not the SEC—is behind the delay in resolving the case. He pointed out,
The SEC has not caused the delay, but is instead doing everything it can to assist ripple in getting the injunction lifted. Ripple’s desire to have the injunction dissolved would not have caused months of delay.
Gensler Not Responsible for Lawsuit Origin, Says Fagel
Marc Fagel clarified, too, that the initial charges against Ripple were brought during the Trump Administration under former SEC chair Jay Clayton’s leadership. He wrote.
Long before Gensler became involved, the charges had been brought by Trump/Clayton. The SEC doesn’t drag out the process; the case is in front of a judge to be decided.
The company is reportedly using the window of opportunity to negotiate more favorable terms. Morgan said that the SEC’s more aggressive enforcement has given Ripple confidence. Morgan noted that Ripple has been emboldened by the SEC’s newer enforcement posture.
Ripple has sought more from the SEC than they would have before it filed their appeal.
Now Judge Torres has the final say. Both parties can appeal if she approves the modification of relief. reach a settlement Soon after,
As of the writing, XRP traded at $2.16. Price is fluctuating within a narrowing rangSupport can be found near $2.09 while resistance is around $2.24 – $2.27. If XRP crosses above the $2.27 mark, that could signal a more aggressive buying trend. A drop below $2.09, on the other hand could indicate a short-term decline.
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Source: www.crypto-news-flash.com

