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NY Judge Crushes SEC Again: Ripple’s $50M Settlement Bid Denied—Twice

NY Judge Crushes SEC Again: Ripple’s $50M Settlement Bid Denied—Twice

Coindesk
Author:
Coindesk
Release Time:
2025-06-26 16:25:03
0

NY Judge Slaps Down SEC, Ripple’s Second Request for an Indicative Ruling on Proposed $50M Settlement

Another courtroom smackdown—Ripple just got its second rejection for a quick $50M settlement deal with the SEC. No shortcuts here.

Judge says 'no dice' to indicative ruling

The SEC's regulatory bludgeon meets a judicial brick wall—again. No early exit for Ripple's proposed payout, leaving the crypto giant to grind through the legal trenches.

Finance jab: Meanwhile, Wall Street fines itself with Monopoly money and calls it 'cost of doing business.'

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