The lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs moves forward after Judge Analisa Torres ordered the company to pay a $125 million fine, partly satisfying and partly dismissing the SEC’s demands.
- Industry experts are predicting the outcome, which could have a major impact on XRP’s price.
- Dennis Kelleher, a former Senate staffer, believes the SEC has a 90% chance of winning on appeal.
- Ripple will pay the fine if it settles within 24 days, according to Stuart Alderoty, Ripple’s general counsel.
🔍 Stay tuned for more developments in this case!