Judge no gree make Ripple comot XRP sales ban, e still gree with $125M fine

U.S. District Judge Analisa Torres don deny joint motion wey Ripple and SEC put up to comot permanent injunction wey dey stop institutional XRP sales and reduce Ripple $125 million penalty by 60%. Judge Torres come talk say e get say Ripple fit do the same bad behavior again and she no see any special reason to change the summary judgement wey dem do for 2023. The plan wey dem put forward na to return $50 million to SEC and $25 million to Ripple. Ripple legal boss, Stuart Alderoty yan for X say dem now get to decide whether to continue appeal for XRP institutional sales matter. The ruling keep the main judgment as e be: programmatic XRP sales no be securities, but institutional ones be. The case dey go appeals court, so big big trading prospects for XRP still dey uncertain now.
Bearish
Di court no gree comot di injunction and no gree uphold di $125 million fine wey dey limit Ripple institutional XRP sales, e show say e still get legal wahala. For short term, XRP trading volume go likely remain low as institutions await appellate clarity. For long term, dis ongoing case dey shadow big-large XRP adoption and fit make institutional investors shy, fit affect di price momentum.