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The XRP community is pressing for more transparency after a US court rejected a proposed settlement between Ripple and the SEC. Ripple’s legal chief insists the ruling doesn’t undermine their earlier victory in the case.
- Judge Analisa Torres rejected a joint Ripple-SEC motion on May 15, seeking an indicative ruling on their proposed settlement.
- Ripple’s legal chief asserts the court’s decision does not reverse the company’s earlier victory in the case.
- The XRP community is demanding more clarity on procedural issues surrounding the rejected settlement proposal.
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