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A US judge orders Ripple to pay a $125M penalty for selling XRP to institutional investors, well below the $2B the SEC had sought in the case; XRP ju


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2024-08-07 23:28:25
milo
Cybersecurity Business

Chris Dolmetsch / Bloomberg:

A US judge orders Ripple to pay a $125M penalty for selling XRP to institutional investors, well below the ~$2B the SEC had sought in the case; XRP jumps 20%+  —  - Regulator had sought almost $2 billion in fines, penalties  — Ripple token XRP surges on court ruling but is flat this year




Chris Dolmetsch / Bloomberg:

A US judge orders Ripple to pay a $125M penalty for selling XRP to institutional investors, well below the ~$2B the SEC had sought in the case; XRP jumps 20%+  —  - Regulator had sought almost $2 billion in fines, penalties  — Ripple token XRP surges on court ruling but is flat this year



Source: TechMeme
Source Link: http://www.techmeme.com/240807/p28#a240807p28


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