🚀 Ripple's Legal Rollercoaster Continues! 🚀
Ripple Labs' legal team has asked to hit the pause button on a $125M payment ordered by the SEC. In a Sept. 4 filing, they proposed parking $139M (111% of the judgment) in a bank account until the appeal window closes or any appeal is resolved.
Ripple's CEO, Brad Garlinghouse, dubbed the Aug. 7 judgment a "victory for Ripple," while their chief legal officer promised to respect the fine.
Judge Analisa Torres hasn't yet signed off on this request, so stay tuned for more twists and turns! 🎢
What do you think about Ripple's latest move? Drop your thoughts below! 💬