Judge Denies SEC-Ripple Settlement Motion as XRP Lawsuit Continues

US District Judge Analisa Torres has denied a joint request from the SEC and Ripple Labs for an indicative ruling, labeling it “procedurally improper. ”  Judge Torres issued the decision on May 15, stating clearly that even if jurisdiction returned to her court, she would reject the motion based on procedural grounds. What Does This Mean for the SEC and Ripple’s Latest Settlement? This ruling means the previously agreed-upon settlement between Ripple and the SEC faces uncertainty. Earlier, both parties announced a settlement that would significantly reduce Ripple’s civil penalty from $125 million to $50 million source: https://beincrypto.com/xrp-lawsuit-judge-torres-denies-sec-ripple-motion/