The lawsuit between Ripple and the SEC reached its peak in August when Judge Torres ordered Ripple to pay a fine of $125 million for violating securities laws. This penalty is much lower than the SEC's initial demand. 🏛️

Donald Trump's victory in the U.S. presidential election and the announcement of Gary Gensler's resignation have created optimism among XRP supporters, expecting a cryptocurrency-friendly leadership.

Although the SEC appealed in October, causing new uncertainty, the XRP community hopes that the new leadership of the SEC will take a more positive approach to the cryptocurrency industry. 🚀