Did you know Ripple Labs was ordered to pay a $125 million fine? This is way less than the $2 billion the SEC wanted1. Many in the crypto world are closely watching the SEC vs Ripple case now. The Ripple case is big news in the crypto legal world. It gets lots of attention because…
For over three and a half years, Ripple Labs has been in a legal fight with the US Securities and Exchange Commission (SEC)1. Ripple CEO Brad Garlinghouse is celebrating some wins. This includes a court fine that was much less than expected — only $125 million instead of $2 billion. The debate over when the…
Did you know Ripple was initially facing up to $2 billion in fines but settled for just $125 million? This outcome is a key moment in Ripple Labs’ fight against the SEC. It’s left a big mark on the crypto world1. Ripple Labs was accused by the SEC of selling unregistered securities via its XRP…
Did you know that XRP’s price jumped over 38% in a week, surpassing Bitcoin’s 12% gain1? This jump was mainly due to rumors of a nearing XRP SEC settlement. Brad Garlinghouse, the CEO of Ripple Labs, hinted at a resolution coming soon. This news made more investors interested in XRP, raising its price and value….
Did you know the court made Ripple pay a $125 million fine? That’s a lot less than the SEC’s first ask of $2 billion1. This huge cut is a key twist in the battle between Ripple Labs and the SEC. This fight has been going on for over three and a half years now. It’s…
Ripple has asked for more time before it pays a $125 million settlement to the SEC. They’re using Rule 62(b) to pause the payment order. This could deeply affect the whole crypto market. Even so, the XRP token’s price has stayed around $0.55 despite these legal issues1. Ripple’s lawyers, Kellogg Hansen, suggested putting 111% of…
Did you know that XRP, Ripple’s native cryptocurrency, jumped more than 50%? It reached heights not seen since early April. This shows its strength despite legal issues with the Securities and Exchange Commission (SEC)1. This significant rise highlights the impact of the Ripple SEC settlement on the world of cryptocurrency. The news of the settlement…
Did you know the chance of an SEC appeal against Ripple has dropped to 45-50%? Before, it was believed to be around 80%1. This huge change impacts the whole case, making people more hopeful about an end. Ripple received a positive outcome, being fined $125 million instead of $2 billion by the SEC2. This major…
Did you know Ripple has spent over $150 million fighting the SEC1? This fight started in December 2020. It has grabbed attention across the finance world. It’s sparked big questions about how we view cryptocurrencies and paved the way for future rules. The SEC’s lawsuit against Ripple is based on a claim. They say Ripple…