Ripple-SEC settlement faces procedural setback despite agreement on terms

16-5-2025 – A proposed settlement between blockchain firm Ripple and the US Securities and Exchange Commission (SEC) has hit a procedural stumbling block, though the company maintains its fundamental legal victory remains intact. Judge Analisa Torres of New York’s Southern District Court deemed the joint motion “procedurally improper”, citing the parties’ failure to properly address [. . source: https://www.cointrackdaily.com/ripple-sec-settlement-faces-procedural-setback-despite-agreement-on-terms/