BREAKING

Ripple Fined $125 Million for Institutional Sales but Crypto Exchange Operations Deemed Legal

XRP

XRP/USDT

$1.4038
-2.68%
24h Volume

$1,758,843,660.18

24h H/L

$1.4625 / $1.3836

Change: $0.0789 (5.70%)

Long/Short
73.5%
Long: 73.5%Short: 26.5%
Funding Rate

+0.0006%

Longs pay

Data provided by COINOTAG DATALive data
Ripple
Ripple
Daily

$1.4028

0.30%

Volume (24h): -

Resistance Levels
Resistance 3$1.6185
Resistance 2$1.5204
Resistance 1$1.4149
Price$1.4028
Support 1$1.39
Support 2$1.2883
Support 3$1.1797
Pivot (PP):$1.4149
Trend:Sideways
RSI (14):60.4
p9zt4hjs

**Ripple Faces $125 Million Fine for Institutional Sales, but Crypto Exchange Transactions Deemed Legal**

v3xn8bwc

In a recent ruling, Ripple was fined $125 million for its institutional sales practices. Despite this significant penalty, the court has deemed Ripple’s crypto exchange transactions as legal. This development adds a complex layer to the ongoing legal battles in the crypto industry. Regulatory clarity remains a critical issue as companies navigate the laws governing digital assets. Ripple’s case underscores the fine line between institutional sales and exchange transactions, highlighting the evolving legal landscape for cryptocurrencies.

Share News:
Don't Miss Breaking News