Did you know Ripple Labs was ordered to pay the SEC a $125 million fine? This amount is far less than the $2 billion penalty the regulators initially wanted1. Ripple’s CEO, Brad Garlinghouse, sees this as a win for both Ripple and the crypto world2. Though Ripple hoped to keep the fine to $10 million,…
The District Court ruled that Ripple was guilty in 1,278 cases of breaking the law, not 1,700 as the SEC claimed. This is a key part of the ongoing legal fight between Ripple Labs and the SEC. It’s a battle that has kept the crypto world on its toes since 20201. In a surprising twist,…
Did you know Ripple had to pay $125 million to the SEC? This was for selling securities without official approval. The amount was far less than the initial $2 billion that the regulators wanted12. Since December 2020, the battle between Ripple and the SEC has gripped the crypto world. It has sparked big discussions in…