The judge rejected the SEC's request for a declaratory judgment against Ripple, ruling that there was procedural impropriety.

According to Wu, Judge Analisa Torres rejected the requests for indicative rulings made by both parties in the SEC v. Ripple Labs case. Judge Torres found that the requests made by both parties under the name of "settlement approval" were essentially seeking to vacate certain injunction and penalty provisions in the final judgment, and therefore should be subject to Federal Civil Procedure Rule 60, rather than 62.1. Since both parties failed to meet the requirements of Rule 60, the court deemed the request procedurally improper and dismissed it.

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