2024

James

Coin

<ul class="wp-block-list news-points"> 
 <li><strong>Attorney Fred Rispoli questions if Ripple could receive statutory interest if it wins an appeal and the $125 million SEC penalty is returned.</strong></li> 
 <li><strong>James Farrell suggests Ripple might delay the $125 million payment pending appeal.</strong></li> 
 <li><strong>The outcome could hinge on whether Ripple cross-appeals, affecting the potential for statutory interest and appeal costs.</strong></li> 
</ul> 
<p>Key players in the crypto community are pondering the scenario of what might happen if there is an appeal in the recently concluded Ripple-SEC case.</p> 
<p>Attorney Fred Rispoli sparked a conversation on X, asking whether Ripple might be entitled to statutory interest if it wins an appeal and the $125 million penalty is returned. Rispoli called on securities lawyers to weigh in on the discussion.</p> 
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   <p lang="en" dir="ltr">On the odds of an <a href="https://twitter.com/hashtag/SECvsRipple?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#SECvsRipple</a> appeal, can any securities lawyers answer this question for me:<br><br>If there is an appeal and if <a href="https://twitter.com/Ripple?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@ripple</a> wins on every issue over the SEC, aside from returning the $125M penalty to Ripple, does the SEC have to pay statutory interest on that?</p>— Fred Rispoli (@freddyriz) <a href="https://twitter.com/freddyriz/status/1828153387579490459?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 26, 2024</a>
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<p>For context, on August 7, Ripple Labs secured a major legal win against the SEC as Judge Analisa Torres significantly …</p>
<p>The post <a href="https://coinedition.com/ripples-125m-fine-could-the-sec-end-up-paying-interest/">Ripple’s $125M Fine: Could the SEC End Up Paying Interest?</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ripple’s $125M Fine: Could the SEC End Up Paying Interest?

Coin Edition

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