🚀 Ripple's legal tussle with the SEC continues, but with a recent Binance ruling in their favor, they're hopeful for a reduced penalty. 🏛️

• Ripple's legal team is using a recent Binance ruling to argue against severe penalties in their SEC lawsuit, citing regulatory uncertainty.

• The SEC has cut down its proposed penalty from a whopping $2 billion to $102.6 million, but Ripple is pushing for a max fine of $10 million.

The Binance ruling has Ripple feeling optimistic. The judge dismissed the regulator's claims that secondary market sales of Binance's BNB token were securities transactions. Ripple's legal counsel believes this supports their case that their alleged illegal sales of XRP don't warrant "harsh remedies."

Ripple's lawsuit has often impacted XRP's market performance. The token's price rose following the recent filing, while other leading cryptos like Bitcoin and Ethereum have taken a hit.

💬 What do you think about Ripple's strategy? Will the Binance ruling help their case? Let's chat in the comments! #Ripple #SEC #CryptoNews