⚡️ @Ripple has been fined $125M as part of its legal process with the @SECGov
Ripple will pay a $125M fine as part of its years-long litigation with the U.S. Securities and Exchange Commission. Back in 2020, the SEC accused Ripple of raising $1.3B through the sale of, which it says is an unregistered security. Ripple's fine is lower than the SEC's proposed $2B, while the firm had argued it should be closer to $10M.
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