šØ Breaking News for the Crypto Community! šØ
Ripple Labs has just made a bold move in its ongoing battle with the SEC. After being hit with a $125 million judgment, Ripple's legal team isn't backing down. Theyāve requested a stay, proposing to deposit a staggering $139 millionā111% of the judgmentāinto a secure account while the legal dust settles.
Why the extra funds? Ripple is gearing up for what could be a game-changing appeal, potentially extending this high-stakes legal saga that started back in December 2020. The SEC has agreed to delay the payment, signaling this isnāt over yet.
Judge Torres still needs to weigh in, but one thing's for sureāthe crypto world is watching closely. Stay tuned for more updates as this story unfolds!
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