Ripple & SEC Seek New Path: Requesting Indicative Ruling in XRP Case

In a bid to resolve the ongoing litigation, Ripple and the U.S. Securities and Exchange Commission (SEC) have jointly renewed their request for an indicative ruling from Judge Analisa Torres. This comes after initial attempts were rejected by the judge regarding post-judgment relief under Rule 60 of the Federal Rules of Civil Procedure. The parties are now focusing on a revised motion that explicitly addresses the court’s prior concerns.