币界网报道：A U.S. judge has denied Ripple Labs' motion to alter the terms of its injunction in the ongoing SEC case, maintaining restrictions on XRP sales to institutional investors. The ruling upholds a July 2023 decision that found Ripple violated securities laws through certain institutional sales of XRP. While allowing Ripple to continue selling XRP through exchanges and other programmatic means, the court reaffirmed that direct sales to sophisticated investors must comply with securities registration requirements. Legal experts suggest this decision reinforces the SEC's position that institutional XRP sales constitute unregistered securities offerings, potentially setting a precedent for other crypto cases. Ripple maintains that XRP should not be classified as a security and may appeal the ruling. The case continues to be closely watched as it could significantly impact how cryptocurrencies are regulated in the U.S.