• Team
  • Philosophy
  • Journal
  • LinkedIn

News & Announcements

4 June 2025

Written By

Joshua A. Naftalis

Josh Naftalis Shares Thoughts on Recent Ruling in SEC v. Ripple Labs Inc.

A federal judge in the SDNY recently declined to approve a settlement proposed by the SEC and Ripple Labs that would have lifted a court-ordered injunction against Ripple and reduced Ripple’s penalty from $125 million to $50 million.

Our partner and former SDNY prosecutor Josh Naftalis shared his thoughts with Bloomberg Law. The order is important “in the world of the crypto reboot,” he said. The court “declined to rubber-stamp the SEC’s fundamental change in position as to whether XRP is a security.”

Read more here.

Authors

  • Joshua A. Naftalis

    Partner

    View Profile

    Joshua A. Naftalis

    Partner

    View Profile
Facebook LinkedIn Twitter

Legal Updates Subscription Form

Back to Journal
    • LinkedIn
    • Instagram
    • Privacy Statement
    • Legal Notices
    • Cookies Policy

    Attorney Advertising.
    Prior results do not guarantee a similar outcome.

    Pallas Partners 2025