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The court dismissed the SEC and Ripple's joint motion for the XRP lawsuit to continue.
[Chain News] On June 26, it was reported that, according to court documents, Judge Analisa Torres of the U.S. District Court for the Southern District of New York ruled to dismiss the "declaratory judgment" motion jointly proposed by the SEC and Ripple. The SEC had previously requested the court to permanently prohibit Ripple from violating securities laws and impose significant fines, but the court did not adopt this request, ordering the motion to be terminated, and the case will continue to be heard.