SEC, Ripple wants to settle crypto lawsuit, but US judge rebuffs them

  A federal judge on Thursday rejected an unusual joint motion by Ripple Labs and the U.S. Securities and Exchange Commission to endorse the cryptocurrency company’s reduced $50 million fine to settle a civil lawsuit over the sale of unregistered securities. A federal judge on Thursday rejected an unusual joint motion by Ripple Labs and the U.S. Securities and Exchange Commission to endorse the cryptocurrency company’s reduced $50 million fine to settle a civil lawsuit over the sale of unregistered securities.