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 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…
Ripple’s Programmatic Sales of XRP were less than 1% of global XRP trading. Most buyers didn’t directly invest in Ripple1. This emerged from Judge Analisa Torres’ significant rulings on XRP in July 2023. These decisions greatly influenced the crypto world, changing how investors and markets act. Specifically, Judge Torres found the SEC’s claim that XRP…
Ripple Labs, Inc. had to deal with a huge issue. They broke laws by not following rules for 1,278 contracts. This led to a big fine of $125,035,150.00. But what’s really interesting is how the final fine was much smaller than the $2 billion the SEC first wanted1. This story is a key chapter in…
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…