Chris Dolmetsch looks back on the long legal drama surrounding Ripple Labs and XRP.
One of the most-watched legal cases in crypto reached a major milestone last week when a federal judge ordered Ripple Labs Inc. to pay a $125 million civil penalty for selling its XRP token to institutional investors without registering it with the Securities and Exchange Commission. The penalty was a mere fraction of the $2 billion the agency had sought — and that could be good news for other crypto companies battling the SEC.
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Chris Dolmetsch
https://www.bloomberg.com/news/newsletters/2024-08-13/ripple-s-case-bodes-well-for-other-crypto-companies-battling-sec-xrp
2024-08-13 21:00:12
