In the latest ruling on #xrp , the court ordered Ripple to pay a $125 million fine for institutional sales.
However, the ruling that #xrp transactions made on crypto exchanges were not considered securities offerings is a partial victory for Ripple.
This ruling invalidates some of the #SEC’in claims against Ripple because XRP traded on#cryptoexchanges is not considered a security, while stating that the penalties related to institutional sales should be paid.
This is considered a significant turning point in how XRP will affect future trading and how Ripple operates.
As a result, the court's decision has a mixed result for Ripple
Institutional Sales: Ripple was ordered to pay a $125 million fine for institutional sales.
Crypto Exchange Transactions: #XRP transactions on crypto exchanges were not considered securities offerings, which means an important legal victory for Ripple.
This decision is seen as an important step in clarifying Ripple's position in the cryptocurrency market and the legal status of XRP.
While #Ripple eliminated some of the legal uncertainties with this victory in crypto exchange transactions, the penalty it will pay for institutional sales may cause the company to re-evaluate its financial situation and strategies.