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Judge Torres Denies SEC and Ripple’s Joint Motion for Indicative Ruling

  • Judge Torres denied the SEC and Ripple's joint motion for an indicative ruling.
  • The motion sought clarification on potential revisions to prior rulings involving Ripple, including a permanent injunction and monetary penalty.
  • The SEC originally sued Ripple in 2020, alleging violations of securities laws regarding XRP sales.
  • The denial of the motion returns the case to its current state, possibly awaiting further rulings or settlements.

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