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Ripple: XRP Win Unchanged Despite Court Rejection of SEC Deal

  • The U.S. District Court rejected a request for an indicative ruling in the Ripple case on May 15.
  • Ripple's wins, such as XRP not being considered a security, remain unchanged despite the court's decision.
  • The court found the ruling procedurally improper as appeals were already filed, and the matter is now with a higher court.
  • Ripple's lawsuit settlement reduced penalties from $125 million to $50 million.

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