1. 🔍 The U.S. SEC commented on the final judgment in the Ripple case, highlighting the "egregiousness" of Ripple's conduct.
2. ⚖️ Judge Analisa Torres confirmed Ripple committed "a serious offense" with recurring securities law violations, leading to a $125 million fine.
3. 💼 The SEC emphasized that securities laws apply to all firms, regardless of technology or labels used.
4. 💰 The SEC initially sought a $2 billion penalty, but Torres significantly reduced the amount.
5. 🎉 Ripple framed the judgment as a win, but the SEC also saw it as a success, with the fine far exceeding Ripple's hoped-for $10 million.
6. ❓ While an appeal by the SEC on the remedies seems unlikely, the agency might challenge the July 2023 ruling on secondary XRP sales.
7. 🚀 XRP saw a 20% price surge within 24 hours, becoming one of the most traded cryptocurrencies globally, especially in South
Korea.
