Ripple and SEC align on relief adjustments in XRP cases, lawyer explains why

• Ripple is now working with the SEC to review the penalties Judge Torres issued.
• It drags the case out, hoping to negotiate a more favorable deal when the SEC enforcers quietly change their stance.

Ripple and U.S. Securities and Exchange Commission have been working in tandem to modify a critical part of the court’s ruling on their long-running XRP suit. Marc Fagel is a former SEC attorney who posted on X recently, explaining how both sides are working together. filed a joint motion Asking for an acronym is the same as asking what is known as a “indicative ruling” The court may revise its prior order.

It is important to understand that the central objective of this project is to adjust the relief The judge, Analisa Tores had previously ruled the company liable for selling XRP illegally worth millions of dollars. She imposed a $125-million penalty as well as a prohibition on any future violations of securities laws. 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 of 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, in response to online questions from users, confirmed that Torres’ decision had been issued. He said, 

Ripple had illegally raised millions in unregistered sales of securities, she found. They were fined $125m for their violations and barred from doing so again. The SEC, Ripple and other parties are now trying to influence her to modify the sanctions she set.

She did. Ripple raised illegally hundreds of millions in unregistered stock sales. She penalized the company $125 million and warned them against further violations. Now, the SEC is trying to convince her to alter the remedy she gave.

— Marc Fagel (@Marc_Fagel) June 20, 2025

Both parties have now requested that court change these terms. This settlement plan includes a smaller financial penalty. The firm is also aiming to improve the legal terms. concerns about potential appeals. The company is indicating that it believes SEC’s changing regulatory approach may lead to a softer outcome.

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 would have reached a settlement with the SEC months earlier if Ripple had not wanted to dissolve its injunction.

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. It’s not that the SEC drags out anything; it is a matter before a court for judicial decision.

The company seems to have used this opportunity to demand more favorable conditions than they would previously accept. Morgan says that Ripple has been emboldened by the SEC’s revised enforcement approach. Morgan said, 

Ripple’s desire to achieve more has been influenced by the SEC’s revised enforcement policy. It is now seeking much greater results than what it was able to obtain or live with prior SEC filing its appeal.

The final decision rests now with Judge Torres. Both parties can appeal if she approves the modification of relief. reach a settlement Soon thereafter,

As of the writing of this piece, XRP traded at $2.16. It is priced at fluctuating within a narrowing rangSupport can be found near $2.09 while resistance is around $2.24 – $2.27. If XRP is able to break above $2.27, this could indicate a stronger purchasing momentum. A drop below $2.09, on the other hand could indicate short-term strength.

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