Brad Garlinghouse, CEO of Ripple, shared the news that the SEC fine was reduced from $2 billion to $125 million. The court found that the agency had overstepped its bounds. Garlinghouse noted that this is a victory for Ripple and the entire crypto industry. 🏆

The SEC accused Ripple of illegally selling $1.3 billion worth of XRP, but the court ruled that retail sales did not violate the law. The price of XRP has risen by 18.42% and is now above $0.60. 🚀