The Securities and Exchange Commission (SEC) and Ripple have filed a joint letter to federal judge Analisa Torres of the US District Court for the Southern District of New York, which says that there’s no prospect for settlement “at this time”:
Counsel for the parties have met and conferred and, having previously discussed settlement, do not believe there is a prospect for settlement at this time. However, the parties will promptly notify the Court if any settlement in principle is reached as to any Defendant.
