The post Ripple and SEC Align on Relief Adjustment in XRP Case, Lawyer Explains Why appeared on BitcoinEthereumNews.com.

Ripple and the SEC are now teaming up to revise the penalty terms Judge Torres imposed. The firm drags out the case itself, eyeing a better deal as the SEC enforcement stance quietly shifts. Ripple and the U.S. Securities and Exchange Commission (SEC) are working together to change a key part of the legal judgment in their long-running XRP lawsuit. Former SEC lawyer Marc Fagel recently posted on X, explaining that both sides have filed a joint motion asking for what’s known as an “indicative ruling” to revise the court’s prior order. The central goal is to adjust the relief imposed by Judge Analisa Torres, who had already ruled that the company was liable for illegal sales of XRP worth hundreds of millions of dollars. Her decision included a $125 million penalty and a ban on future securities violations. However, the current motion by both parties seeks to alter this ruling while keeping within legal boundaries. Ripple, in a follow-up letter, emphasized that removing the injunction would not free it from future accountability under U.S. securities laws. The request for a ruling aims to give Ripple the same opportunity other crypto firms have received in past SEC settlements. Judge Hit Ripple With $125M Penalty—Now Both Sides Want Changes Responding to user questions online, Marc Fagel confirmed that Judge Torres had already issued a decision. He stated,  She found Ripple illegally raised hundreds of millions of dollars from unregistered securities sales, penalized them $125m, and enjoined them from further violations. But now the SEC and Ripple are trying to get her to change the remedies she ordered. She did. She found Ripple illegally raised hundreds of millions of dollars from unregistered securities sales, penalized them $125m, and enjoined them from further violations. But now the SEC and Ripple are trying to…

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Filed under: News - @ June 22, 2025 7:21 am