AdvertiseFee Deal Desk

Breaking

Judge Fines Ripple $125 Million in SEC Case

XRPXRP · Live data
$1.1637 +0.28%
  • 24h Volume$643.55M
  • 24h Low / High$1.15 / $1.1821
  • Long/Short3.15
  • Funding Rate+0.0044%

Data provided by COINOTAG DATA

eToro

**Judge Fines Ripple $125 Million in SEC Lawsuit**

Flush

In a landmark ruling, a judge has fined Ripple $125 million as a result of the ongoing lawsuit with the U.S. Securities and Exchange Commission (SEC). This significant penalty emanates from allegations that Ripple engaged in the unregistered sale of its XRP tokens, which the SEC contends are securities under U.S. law. The decision marks a crucial development in the legal saga that has captivated the crypto world, with potential far-reaching implications for the future regulation of digital assets. The ruling underscores the intensified scrutiny that regulatory bodies are placing on cryptocurrency firms, and serves as a cautionary tale for entities navigating the evolving regulatory landscape.

eToro
Share News:

Other Breaking News

View All Breaking News

Don't Miss Breaking News

Follow us to instantly learn about the most important developments in the cryptocurrency world.