Based on one tweet that earned over 1,000 likes and tens of hundreds of impressions, Torres’ remaining court docket sign-off is meant to reach on Monday to completely settle SEC v. Ripple and permit the XRP value to “fly to $5 in no time.”
Copycat posts did equally outrageous numbers because the XRP Military eagerly awaited “a historic step that would end years of legal battle and open a new era for Ripple.”
Sadly, Torres’ signature received’t catalyze a rally to $5 right now as a result of she received’t be signing something about XRP right now.
Certainly, Torres has already concluded her work on SEC v. Ripple Labs Inc. et al., the best profile lawsuit in crypto historical past. The choose won’t be signing any extra paperwork.
SEC v. Ripple is over, and the ultimate judgment is in impact
On August 7, 2024, Torres entered her remaining judgment in opposition to Ripple, fining the corporate $125,035,150 and completely enjoining it from violating Part 5 of the US Securities Act of 1933.
Though the SEC and Ripple subsequently executed settlement agreements and motions asking Torres to decrease the high-quality and dissolve the injunction, Torres denied these requests. Earlier this summer time, each the SEC and Ripple withdrew their cross-appeals of that remaining judgement.
Consequently, Torres’ remaining judgment from August 2024 stays remaining and in impact. She’s completed engaged on the case and has nothing extra to signal.
A full copy of that August 7, 2025 joint stipulation of dismissal by the SEC Fee in addition to attorneys for Ripple, Brad Garlinghouse, and Chris Larsen is obtainable on the SEC web site.
Protos checked the docket for the principle case and its cross-appeals, and the entire instances are marked as Closed in PACER. The final court docket submitting was August 8, 2025.
There received’t be any additional updates from Torres until both occasion fails to conform together with her remaining order.
“We’re not waiting on her,” they famous. “Case ended last week,” repeated one other. “There is no approval necessary. Stop with the misinformation,” pleaded another person.
