Judge Torres hold ground for $125M penalty wey Ripple get, deny make dem change XRP settlement
For June 26, 2025, U.S. District Judge Analisa Torres no gree make Ripple Labs an SEC joint motion weh dem use Federal Rule of Civil Procedure 60 try reduce Ripple $125 million fine to $50 million and comot permanent ban wey dey stop institutional XRP sales. Dis na Ripple second fail request after dem try for May, court say no get any "exceptional circumstances" wey fit make dem change the final judgment. The original punishment still dey and the escrow money wey tie to the fine no fit release. The Second Circuit Court of Appeals don stop all appeal until August 15, 2025; Ripple and SEC must submit one joint status report by dat date or dem fit resume the appeal process. Market no too react: XRP price hover for $2.12–$2.13, hold key support levels even as the XRP lawsuit still dey. Analysts warn say the long litigation dey affect institutional demand and dey delay possible ETF approvals. Traders suppose watch August status report and any ETF updates for clearer regulatory signals during this long legal battle.
Neutral
Di ruling get small immediate effect for XRP price, wey con hold key support around $2.12–$2.13 even though dem deny motion. For short term, market no react well well cos people don expect how court go talk before. But di ongoing XRP lawsuit and long long appeals still dey put pressure down for institutional demand and maybe ETF approval, wey mean say outlook na neutral till dem bring August status report or clear regulatory development wey fit make market ginger.