<ul><li>A federal judge has rejected the $50 million settlement agreement between the SEC and Ripple, prolonging their legal battle.</li><li>Judge Torres denied the motion for an indicative ruling, citing procedural issues, and stated that relief from judgment should be only in exceptional circumstances.</li><li>The SEC and Ripple did not address the heavy burden needed to vacate the injunction properly, leading to the rejection of their joint request.</li><li>Both parties are expected to revisit the issue in court as they still aim to resolve the case, although the settlement agreement has been dismissed for now.</li></ul>

XRP Lawsuit: Big Blow As Judge Shockingly Rejects Proposed SEC-Ripple Settlement Deal

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