Court Rejects Ripple and SECs Request to Reduce Penalty and Lift Injunction

Judge Analisa Torres has denied the joint motion from Ripple and the U.S. Securities and Exchange Commission (SEC) to reduce the fine and lift the court order.

The parties submitted their request in April.

Previously, the SEC sought a court order against Ripple’s securities-related activities, as pointed out by Torres. The regulator expressed concerns that the company might continue its potentially unlawful operations.

*“None of this has changed. However, they now argue that it’s in the public interest to reduce the civil penalty by sixty percent and to reverse the court order issued less than a year ago,”* the ruling stated.

The judge noted that the parties did not provide any «extraordinary circumstances» that would outweigh public and governmental interests. According to Torres, Ripple and the SEC have the option to withdraw their appeals or file a new one.

In December 2020, the regulator accused the company of violating securities laws through the sale of XRP. The legal battles have become some of the most talked-about issues within the industry.

In August 2024, Torres issued a *final ruling* in the case, imposing a $125 million fine on Ripple.

It is worth noting that on March 19, 2025, the SEC *withdrew* its appeal against Ripple, and a week later, the company *retracted* its counterclaim.