Faced with a whopping $125 million fine, Ripple Labs’ lawsuit against the U.S. Securities and Exchange Commission (SEC) may not be over yet. Legal experts Bill Morgan and James Murphy (aka MetaLawMan) expect both sides to have good reasons to appeal.
After Judge Analisa Torres announced a heavy fine against the blockchain payment company, the legal community quickly began discussing the possibility of an appeal. This fine is not only a major blow to Ripple Labs, but also puts the SEC's regulatory authority to the test, indicating that a legal battle may have just begun.