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Judge Torpedoes Ripple-SEC Settlement Over Paperwork Snafus—XRP Left in Legal Limbo
Judge Torpedoes Ripple-SEC Settlement Over Paperwork Snafus—XRP Left in Legal Limbo
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Another day, another courtroom drama where regulators prove they’d rather fight than fix. A federal judge just shot down Ripple and the SEC’s proposed settlement—not over the merits, but because someone forgot to dot the i’s. Classic government efficiency at work.
The ruling leaves XRP holders twisting in the wind while lawyers rack up billable hours. Meanwhile, the SEC gets to keep pretending it’s protecting investors by… checks notes… prolonging uncertainty. How very helpful.
Pro tip for next time: maybe try filing the paperwork correctly before demanding billions in fines? Just a thought.
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