Judge Rejects Ripple-SEC Deal, Upholds $125M Penalty and Injunction in XRP Case

U.S. District Judge Analisa Torres denied a joint motion by Ripple and the SEC to vacate the final judgment, keeping the $125 million civil penalty and permanent injunction intact. The court ruled that only an appellate court can overturn a final judgment, rejecting the parties' attempt to settle through a private agreement.