Judge Delays Ripple and SEC Settlement: XRP Investors Face Uncertainty

Ripple’s proposed settlement with the Securities and Exchange Commission (SEC) has been stalled after Judge Analisa Torres denied a joint motion seeking approval for a 60% penalty reduction. This decision emphasizes procedural issues rather than the agreement’s substance, potentially extending uncertainty for XRP investors. The denial follows procedural non-compliance in the requested motion filed in early May, which didn’t meet the requirements of Rule 60.