Ripple CEO: Respecting the court's decision, the SEC's resistance to the entire XRP community has disappeared
2024-08-07 21:31:03
United states judge announcement sec lawsuit ripple sentence 1.25desk3cryptocurrencydesktopCrypto News
Ripple CEO Brad Garlinghouse wrote in response to the SEC's $125 million fine, which was announced by a US judge in the SEC lawsuit: "The SEC had previously demanded $2 billion in damages, and the court found that they had overacted and reduced their request by approximately 94%. We respect the court's decision and are determined to continue to grow our company. This is a victory for Ripple, the industry, and the rule of law. The SEC's resistance to the entire XRP community has disappeared."
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