Ripple’s landmark $125 million settlement marks the end of a four-year legal battle
Ripple’s landmark $125 million settlement marks the end of a four-year legal battle, a significant reduction from the initial $2 billion sought by the SEC. Judge Analisa Torres’ ruling highlights the absence of fraud or intentional securities law violations, focusing penalties mainly on past sales to sophisticated investors. This decision removes major legal uncertainties, paving the way for Ripple’s ambitious growth and network expansion, especially in burgeoning Asian markets. Dive into the intricacies of this case and what it means for Ripple’s future.
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