Ripple Could Easily Cover SEC Penalty with XRP Sales, Claims ...
1 day ago · Ripple has been gradually releasing XRP from its escrow account to ensure liquidity and maintain control over its token supply. In a recent statement, Bill Morgan, a lawyer with strong pro-XRP views, claimed that Ripple could cover its SEC lawsuit penalty multiple times over using just a recent sale of 200 million XRP tokens from its escrow.
Ripple hails major win against the SEC—but looming appeal ...
Aug 8, 2024 · On Wednesday, Judge Analisa Torres brought the first chapter of a major Securities and Exchange Commission crypto case to a close, imposing a $125 million penalty on the digital assets firm Ripple...
SEC Appeals $125 Million Judgment in Ripple Labs XRP Lawsuit (1)
Oct 2, 2024 · The US Securities and Exchange Commission appealed a court decision ordering Ripple Labs Inc. to pay a $125 million civil penalty for improperly selling its XRP token, a fraction of the $2 billion the regulator sought in a long legal battle with the cryptocurrency company.
Ripple Labs notches landmark win in SEC case over XRP ...
Jul 13, 2023 · Ripple Labs Inc did not violate federal securities law by selling its XRP token on public exchanges, a U.S. judge ruled on Thursday, a landmark legal victory for the cryptocurrency industry...
Ripple Says $10M Penalty Enough, Rejects SEC’s Ask of $1.95B ...
Apr 23, 2024 · The court had found Ripple violated federal securities laws by making institutional sales of XRP but dismissed other allegations brought by the SEC.
Judge’s Ruling on Ripple’s XRP Token Gives Crypto Industry a ...
Jul 13, 2023 · In the 34-page ruling on Thursday, Judge Analisa Torres of the U.S. District Court for the Southern District of New York said that Ripple did not break the law when the cryptocurrency it created,...
Ripple says U.S. banks will want to use XRP cryptocurrency ...
Jul 17, 2023 · Ripple is confident U.S. banks will start wanting to use XRP for cross-border transactions after a judge gave the firm a partial victory in its fight against the SEC, General …
XRP coin surges after judge delivers a huge win to Ripple in ...
Jul 13, 2023 · Ripple’s XRP token surged on Thursday after a judge in the Southern District of New York ruled that it’s “not necessarily a security on its face.” The price of XRP was last higher by 71% at...
Ripple Labs Ordered to Pay $125 Million Penalty in SEC XRP ...
Aug 8, 2024 · Ripple Labs Inc. was ordered by a federal judge to pay a civil penalty of $125 million for improperly selling its XRP token to institutional investors, a fraction of what US regulators had sought...
XRP Gains 2% After Ripple Fined Just $125M in SEC Case
Aug 7, 2024 · A federal judge imposed a $125 million fine on Ripple after finding last year that its institutional sales of XRP violated federal securities laws.
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