Story Highlights* In a joint motion Ripple seeks reduced fine from $125 million to $50 million and lifted restrictions to end long lawsuit.* Bill Morgan highlights that Judge Torres previously rejected similar motion, a new filing addresses past concerns more directly.* Meanwhile, SEC must update court on June 16, whether settlement progress or continue with legal appeals ahead.
Ripple vs SEC Update: Legal Experts Say Judge Likely to Approve The Motion - But!
Story Highlights* In a joint motion Ripple seeks reduced fine from $125 million to $50 million and lifted restrictions to end long lawsuit.