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XRP Stumbles as U.S. Court Slams Door on Ripple-SEC Settlement—Paperwork Blamed
XRP Stumbles as U.S. Court Slams Door on Ripple-SEC Settlement—Paperwork Blamed
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Ripple’s hopes for a quick exit from its SEC legal saga just hit a procedural pothole. A federal judge rejected the proposed settlement, citing ’improper filing’—because nothing says ’regulated financial future’ like tripping over bureaucratic red tape.
The ruling sends XRP prices dipping as traders digest another delay in the 3-year legal marathon. SEC lawyers reportedly high-fived over their opponent’s unforced error—Wall Street’s finest love nothing more than watching crypto fumble the compliance playbook.
This isn’t a ruling on the merits, but it’s a reminder: in traditional finance’s arena, crypto’s still learning to tie its shoes. Meanwhile, XRP holders roll their eyes and mutter ’just fork the judge already.’
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