币界网报道：A U.S. judge has rejected Ripple's attempt to settle with the SEC over allegations of illegal securities offerings through XRP sales, leaving institutional sales of the cryptocurrency blocked. The ruling maintains that Ripple's past institutional sales constituted unregistered securities transactions, though programmatic sales and other distributions were cleared in a prior decision. Ripple had sought to resolve remaining disputes with the SEC, but the court found no grounds for settlement on the institutional sales issue. The SEC continues to pursue penalties for these transactions, while Ripple maintains its position that XRP is not a security. The ongoing legal battle leaves uncertainty around XRP's regulatory status in the U.S., particularly for institutional transactions, despite the token's continued trading on global exchanges.