Altcoins News
By Evie Vavasseur
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The years-long legal feud between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is finally inching toward a conclusion in 2025.
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The saga began in December 2020 when the SEC filed a lawsuit against Ripple Labs, claiming the company illegally raised over $1.
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Over the next few years, both sides exchanged arguments, filed appeals, and racked up court dates.
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In 2023, U.S. District Judge Analisa Torres issued a pivotal ruling that split the case in two.
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In a surprising turn of events, both Ripple and the SEC decided to drop their respective appeals on March 19, 2025.
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Then, on May 8, 2025, Ripple and the SEC formally reached a settlement. The agreement required Ripple to pay $50 million as a reduced fine for its earlier violations, while also…
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Judge Torres Delays Ruling Over Technicality
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However, on May 15, Judge Torres declined to approve the motion. Importantly, she did not reject the settlement itself, but rather found the request to be “procedurally improper.
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Despite this, Ripple’s legal team emphasized that the delay was purely procedural and didn’t affect the broader outcome of the case.
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Ripple and the SEC are now working on a new, correctly formatted motion. If approved, the Appeals Court will return the case to Judge Torres, who can then finalize the…
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This week may prove crucial, as the SEC is scheduled to hold a closed-door meeting on May 22.
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In many ways, this legal battle has become a test case for how U.S. regulators handle crypto.
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