Victory

Coin

<ul class="news-points wp-block-list" wp-block-list>
 <li>Ripple’s court victory slashes SEC’s $2B demand to $125M.</li>
 <li>A permanent injunction raises questions about Ripple’s future.</li>
 <li>The crypto community anticipates potential appeal and market surge.</li>
</ul>
Ripple Labs has <a href="https://coinedition.com/secs-case-against-ripple-a-pyrrhic-victory-will-xrp-soar-or-stall/" rel="noopener noreferrer nofollow">achieved a significant legal victory</a> against the U.S. Securities and Exchange Commission (SEC), as a federal court slashed the SEC’s initial $2 billion demand to a $125 million penalty.
Ripple CEO Brad Garlinghouse has <a href="https://x.com/bgarlinghouse/status/1821289051191963861" target="_blank" rel="noopener noreferrer nofollow">called</a> the ruling a triumph for both Ripple and the broader crypto industry, stating, “We respect the Court’s decision and have the clarity to continue growing our company.”
The decision marks a turning point in a protracted legal battle that has gripped the cryptocurrency community for nearly four years. The court not only reduced the financial penalty but also denied the SEC’s request for disgorgement.&nbsp;
Ripple, however, did not emerge entirely unscathed. Specifically, the court granted the SEC’s request for a permanent injunction, barring Ripple from engaging in unregistered securities sales in the future. These mixed outcomes have led to ongoing debates over the completeness of Ripple’s victory.
Now, uncertainty looms a…
The post <a href="https://coinedition.com/ripple-secures-big-legal-win-but-questions-remain-on-the-victory/" rel="noopener noreferrer nofollow">Ripple Secures Big Legal Win, But Questions Remain on the Victory</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Ripple Secures Big Legal Win, But Questions Remain on the Victory

Coin Edition

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