🚨NEW: After speaking with three legal sources and tuning into @JohnEDeaton1’s live analysis, my read is that Judge Torres is playing hardball here—she’s not making it easy for the parties to simply walk away; instead, she’ll make them work for it. Deaton raises a valid point: from Torres’s perspective, the @SECGov has spent the past five years doubling down on a narrative and legal strategy that resulted in thousands of hours of legal and judicial manpower, only for the agency to suggest that those five years were essentially a waste. While Torres has denied their initial request, she’s outlined a clear path forward—provided the SEC and Ripple can meet the legal standards and present a compelling case that withdrawing her ruling is in the best interest of the public and institutional buyers of XRP. @s_alderoty mentioned Ripple will work with the @SECGov to revisit the issue together—pretty wild considering they’ve been on opposite sides for nearly five years. It’ll be even more interesting to see if Torres eases up once they’ve done the necessary work, or if she sticks to her guns and makes this more of a ‘political’ fight.