Ripple Scores Key Legal Advantage as Judge Torres Rejects SEC Settlement Motion
The protracted legal showdown between Ripple and the U.S. Securities and Exchange Commission (SEC) has taken another unexpected twist, with Ripple emerging on stronger footing after a recent court decision. Judge Analisa Torres has officially denied the joint motion from both Ripple and the SEC seeking an indicative ruling, deeming the request “procedurally improper” in the event that jurisdiction is reinstated.
This latest legal development throws a wrench into the anticipated path toward settlement, reigniting uncertainty surrounding XRP’s regulatory clarity. Despite this turbulence, Ripple’s earlier victories in the courtroom—including the landmark ruling that XRP is not a security—remain unaffected.
Legal documents recently circulated online clarify that the denial was based strictly on procedural grounds and does not impact the substance of Ripple’s prior court wins. One excerpt from the court order made this clear:
“If jurisdiction were restored to this Court, the Court would deny the parties’ motion as procedurally improper.”
Though both Ripple and the SEC had aligned in seeking to dismiss Ripple’s cross-appeal, the court's decision has momentarily stalled that effort. Nevertheless, the two sides appear to be on the same page when it comes to resolving the remaining issues, with signals that future discussions will continue in cooperation.
This surprise ruling comes at a time when XRP is experiencing heightened volatility. Investors had hoped that a finalized settlement might bring regulatory certainty to the token and catalyze a price rebound. Instead, the unresolved status of the XRP SEC deal keeps markets in suspense.
Still, XRP’s broader momentum remains notable. The ongoing rollout of XRP-based exchange-traded products (ETPs) underscores the token’s integration into mainstream finance, even as legal clouds persist. The outcome of this case continues to carry weight not just for Ripple, but for the cryptocurrency sector at large.
For now, while the path to resolution appears less straightforward than expected, Ripple’s legal team can count this procedural victory as yet another signal that the balance of power may be shifting in their favor.