<ul><li>Judge Torres denied Ripple and the SEC's joint settlement request due to procedural issues surrounding Rule 60(b) motion.</li><li>Ripple's Chief Legal Officer reassured XRP holders that the order does not change XRP's non-security status and it is just a procedural matter.</li><li>Attorney Fred Rispoli sees this as a minor setback and suggests that Ripple and the SEC may need to seek relief under the correct rule with the court.</li><li>Following the news, XRP's price dropped nearly 8% to US$2.36, still trading 38% below its all-time high of US$3.84 from January 2018.</li></ul>

Court Blocks Ripple-SEC Deal on Technicality; What About XRP’s Status?

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