Bloomberg: The Ripple case is a good sign for other crypto companies battling the SEC
2024-08-14 00:59:51
Bloomberg Reports Last Week Crypto Currency Field Most Popular Followeddesk3cryptocurrencydesktopCrypto News
According to Bloomberg, one of the most closely watched legal cases in the cryptocurrency space made important progress last week when a federal judge ordered Ripple Labs Inc. to pay a $125 million civil penalty for selling its XRP tokens to institutional investors without registering with the Securities Exchange Commission (SEC). The fine is a fraction of the $2 billion sought by the agency, which could be good news for other crypto firms battling the SEC.
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