Breaking: Judge Torres Receives Critical Letter as Ripple vs SEC Showdown Reaches Final Act

The crypto courtroom drama of the decade hits its climax—Judge Analisa Torres just got handed a bombshell document as the Ripple-SEC case barrels toward resolution.

Behind the legal curtain: A last-minute Hail Mary or just procedural paperwork? Either way, XRP holders are white-knuckling their ledgers.

Wall Street's watching too—between sips of their $8 artisanal lattes—because nothing spices up a slow trading day like regulatory theater.

Moreover, Kunsak revealed his plans to leave Sidley Austin LLP, with no lawyers to appear in this matter for the investment banker declarant’s work. Notably, Sidley Austin LLP does not represent any party to the appeal.

Recently, Judge Torres denied the parties’ motion for an indicative ruling to end the Ripple vs SEC lawsuit after the SEC filed for a settlement. The parties asked the judge to lift the injunction and reduce the civil penalty to $50 million.

Ripple CEO Brad Garlinghouse confirmed to drop their cross appeal in the 2nd Circuit Court as the SEC dropped their appeal. “We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value,” he added.

Meanwhile, xrp price surges nearly 6% in the past 24 hours, with the price currently trading at $2.56. The 24-hour low and high are $2.41 and $2.59, respectively. Furthermore, the trading volume has jumped by 23%, indicating a massive interest among traders.

Also Read: Ripple to Drop Cross Appeal Against SEC, Ending XRP Lawsuit