币界网报道：A U.S. judge has denied Ripple's request to reduce its $2 billion penalty sought by the SEC in their ongoing legal battle. Judge Analisa Torres ruled that Ripple failed to demonstrate the SEC's demands were excessive compared to similar cases, rejecting arguments about the regulator's "grossly disproportionate" penalty claims. The SEC maintains Ripple's institutional XRP sales constituted unregistered securities offerings, while Ripple insists its actions didn't warrant such severe punishment. This decision comes after Ripple's partial victory last year when the court ruled its programmatic XRP sales didn't violate securities laws. Legal experts note the ruling signals courts may uphold substantial penalties in crypto enforcement cases, potentially influencing other high-profile SEC actions against crypto firms. The case continues as both sides prepare for further proceedings, with the final penalty amount yet to be determined.