A new request in the Ripple against dry trial could finally end the case. Ripple and the SEC asked that the court modify the previous orders of Judge Torres, but not everyone agrees with logic. The pro-XRP lawyer Bill Morgan, shared his thoughts, which raises if this request really responds to the high level of “exceptional circumstances” of the Court.
So, is it an intelligent shortcut to peace, or just Ripple asking too much?
Last minute request from Ripple
Ripple and the SEC met in a joint request asking the Torres judge to adjust the final terms of settlement. Specifically, Ripple wants the amount of the penalty to be reduced from $ 125 million to $ 50 million, the remaining $ 75 million from the back funds returned to Ripple.
The request also requests that the court raises the injunction which has restricted the institutional sales of XRP of Ripple since August 2024
According to Bill Morgan, this request is what supports the call and the call to move forward. If the judge agrees, the case ends completely, which saves time and efforts.
But there is a problem – it is not guaranteed.
The courtyard of the court: “exceptional” or simply practical?
Morgan underlines that if the two parties claim that the modification is in the best interest of each, the court requires more than convenience. The judge must see “exceptional circumstances” to modify an order of the final court.
Critics argue that Ripple and the SEC did not need to do this part of the regulations. It was their own decision – in particular ripple – to push more.
The judge had previously rejected a similar request in May 2025 due to insufficient justification, but the deposit of June 12 responds more directly to these concerns.
Will the judge say yes?
While Morgan says that he believes that Judge Torres could grant the request, he also warns not to be too sure. The court could just as easily say no, forcing the two parties to stick to the initial decisions or to completely withdraw the regulations.
All eyes are now on June 16, 2025, the day the dry must submit a situation report to the American Court of Appeal for the second circuit.
