Ripple vs. SEC Lawsuit May End with $125M Judgment Intact
- The SEC’s case against Ripple may conclude without altering the $125 million judgment.
- Attorney Fred Rispoli suggests the SEC might delay decisions until new leadership is in place.
- The SEC, led by a pro-crypto commission under acting Chair Mark Uyeda, continues its case against Ripple.
- Ripple is contesting an injunction on XRP sales deemed securities transactions by Judge Analisa Torres in 2023.
- Speculation exists around Ripple potentially settling fines using XRP instead of cash.
The ongoing lawsuit between Ripple and the SEC could end with the original $125 million penalty unchanged, as suggested by legal expert Fred Rispoli. The case remains active under review at the Second Circuit Court of Appeals.
Source (2.6)https://coingape.com/ripple-vs-sec-lawsuit-could-end-with-125m-judgment-still-in-place-says-lawyer/?rand=24432