币界网报道：A U.S. judge has denied Ripple Labs' request to seal financial documents and strike a $125 million penalty demand in its ongoing legal battle with the SEC. The ruling requires Ripple to disclose historical financial statements and post-contract XRP sales details, which the SEC argues are crucial to determining appropriate remedies. While Ripple claimed the SEC's $125 million penalty request was unsupported, the judge allowed the regulator's motion to compel production of these records. The decision marks another setback for Ripple in the high-profile case that began in December 2020, when the SEC accused the company of conducting an unregistered $1.3 billion securities offering through XRP sales. Notably, the court previously ruled that Ripple's programmatic XRP sales didn't constitute securities offerings, though institutional sales did violate securities laws. Both parties must now file remedy-related briefs by March 13 and April 12, with a final decision expected later this year.