Ripple Secures $125 Million Penalty in SEC Case Settlement
Victory for Ripple: XRP Soars A federal court has ordered Ripple to pay $125 million in civil penalties, ending the SEC case against Ripple. Judge Analisa Torres ruled that Ripple’s direct sales of XRP to institutional clients breached securities regulations, resulting in a $125.035 million penalty. The decision follows Judge Torres’ July 2023 verdict that … Read more