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3232Ripple Hails Victory as Judge Cuts SEC’s Penalty Request by 94% in Final Judgment of XRP Case
https://www.digit.info/ripple-hails-victory-as-judge-cuts-secs-penalty-request-by-94-in-final-judgment-of-xrp-case/
Wed, 07 Aug 2024 22:05:41 +0000https://www.digit.info/ripple-hails-victory-as-judge-cuts-secs-penalty-request-by-94-in-final-judgment-of-xrp-case/Read more]]>District Judge Analisa Torres has cut the penalty requested by the U.S. Securities and Exchange Commission (SEC) in the case against Ripple Labs over XRP by 94%. The court partially granted the SEC’s motion for remedies against Ripple, imposing a $125 million civil penalty. “This is a victory for Ripple, the industry, and the rule […]
District Judge Analisa Torres has cut the penalty requested by the U.S. Securities and Exchange Commission (SEC) in the case against Ripple Labs over XRP by 94%. The court partially granted the SEC’s motion for remedies against Ripple, imposing a $125 million civil penalty. “This is a victory for Ripple, the industry, and the rule […]
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