🤓 Court Makes Final Ruling in SEC vs. Ripple

A federal judge has ordered Ripple to pay $125 million in civil penalties and issued an injunction against future securities law violations.

The injunction requires Ripple to file a registration statement if it intends to sell any securities.

The court ruled that Ripple violated securities laws in 1,278 institutional sales of XRP.

The SEC had previously sought a $2 billion fine.

The court also affirmed that Ripple’s sales of XRP to retail investors through exchanges did not violate securities laws.#Xrp🔥🔥 $XRP