Ripple Labs’ lawsuit against the U.S. Securities and Exchange Commission (SEC) has been a focal point in the legal battles of the cryptocurrency world. Judge Analisa Torres recently delivered a decisive verdict in the case.
The court imposed a fine of $125 million on Ripple Labs.
This amount is significantly lower than the $2 billion that the SEC initially sought.
This ruling is poised to have a notable impact on future litigation involving cryptocurrency companies and the SEC.
Source: www.thecoinrepublic.com ↗
