The SEC 🇺🇸 responded to Judge Torres saying that they are asking Ripple to pay a $102.6 million settlement, which is a huge change from the original $2 billion fine.
They also mentioned that from the perspective of comparing fines and token sales, the fines imposed on Terraform Labs appear to be less in percentage terms, but that is because Terraform went bankrupt and they agreed to burn all remaining tokens. In contrast, Ripple has not agreed to any proposal.
It seems like the SEC wants to settle but Ripple doesn't want to, Ripple only wants to pay 10 million USD and of course does not want to burn the XRP tokens it holds.