Judge Analisa Torres has denied a joint request from Ripple and the U.S. Securities and Exchange Commission (SEC) to ease penalties in the long-running XRP lawsuit. The ruling blocks efforts to remove a permanent injunction and reduce financial penalties against Ripple.
The motion, filed jointly by both parties, asked the court to reconsider its earlier judgment. Ripple and the SEC hoped the judge would approve their settlement terms, but the court did not find their reasons convincing. The judge ruled that the case did not meet the “exceptional circumstances” standard needed to change a final judgment.
In a post shared by defense attorney James Filan on X, the court’s order confirmed that Judge Torres refused both parts of the motion. This includes keeping the injunction against Ripple and maintaining the original penalty.
The judge stressed that court decisions are not just private matters between two parties. She cited a Supreme Court ruling, saying that a judgment “belongs to the legal community as a whole.” According to Torres, the law only allows changes in rare and extraordinary cases, which this was not.
Interestingly, the judge pointed out how the SEC’s position had shifted. She noted that the agency had once argued that penalties and injunctions were necessary to protect the public. Now, the SEC was supporting Ripple’s request to remove them. The court found this turnaround inconsistent and unconvincing.
Judge Torres wrote that Ripple had broken securities laws and that the punishment was originally put in place to prevent further violations. She also mentioned that the company had not shown any meaningful change in behavior or legal standing since the ruling.
Meanwhile, Ripple had submitted a letter claiming it would still follow securities laws even without the injunction. But the judge rejected that argument, saying, “The parties hardly pretend that it has”, referring to any substantial change in facts.
The decision means Ripple must stick to the original court order, and the SEC’s push for a quicker end to the case also failed. With the ruling, the XRP lawsuit continues without any adjustment to the penalties or restrictions.
Also Read: XRP Ruling Won’t Change Legal Status, Says Lawyer
