26.06.2025 16:48

A federal judge in the United States has delivered a significant blow to Ripple Labs in its ongoing legal battle with the Securities and Exchange Commission (SEC). The judge's decision, issued on June 26th, firmly rejects Ripple's attempt to settle the case and significantly diminishes the company's hopes for a favorable outcome. This ruling maintains the full extent of the penalties and legal restrictions initially imposed.

Judge Analisa Torres's refusal to dissolve the court-mandated injunction against Ripple represents a major victory for the SEC. The implications of this decision are far-reaching, affecting not only Ripple's future but also potentially shaping future regulatory approaches to cryptocurrencies. The full force of the legal consequences will now remain in effect for Ripple, leaving them with limited options to challenge the ruling.

The SEC's pursuit of Ripple stemmed from allegations that the company had illegally sold XRP as an unregistered security. Ripple had sought to negotiate a settlement that would lessen the impact of the court's original decision. However, Judge Torres's unwavering stance underscores the gravity of the SEC's claims and the judge's determination to uphold the integrity of the legal process. The case continues to reverberate throughout the cryptocurrency industry, serving as a significant landmark in the evolving legal landscape surrounding digital assets. This decisive ruling clarifies the ongoing legal ambiguity around the classification and regulation of cryptocurrencies, particularly those with characteristics similar to XRP. The ruling is now expected to impact other similar cases moving forward.