Ripple and the SEC have been seeking a preliminary indication from Judge Analisa Torres regarding their proposed settlement agreement for the ongoing lawsuit. However, Judge Torres has rejected this motion, stating that changing the final judgment would be inappropriate due to procedural errors made by both parties. 😮 The SEC has agreed to request a lifting of the injunction imposed last August, which could result in a reduced penalty for Ripple. Despite a potential softening of penalties, Judge Torres maintains that vacating the final judgment based on the settlement is not warranted without strong legal justification. This move signals that Ripple’s case will likely continue with more procedural hurdles to overcome.