Judge Denies SEC’s Renewed Motion to Lift Injunction Against Crypto Asset Firm

( June 30, 2025, 2:50 PM EDT) -- NEW YORK — A federal judge in New York denied the Securities and Exchange Commission’s renewed request that the judge dissolve an injunction against crypto asset firm Ripple Labs Inc. and order that all but $50 million of the $125 million civil penalty Ripple was ordered to pay to the SEC be returned to the company, finding that the parties had not shown the exceptional circumstances necessary for their agreement to “outweigh the public interest or the administration of justice.”...