Official Ripple financial statements or SEC announcements

Ripple Wins XRP Case Against SEC, Faces $125M Fine

Aug 13, 2024, 06:39 PM

Ripple's legal chief has addressed the potential for an SEC appeal following a final ruling in the XRP case. A judge has rejected the SEC's claim that XRP is a security, dismissing a $2 billion fine request. Ripple has agreed to a $125 million fine and is prepared to move forward. The case's outcome may influence future cryptocurrency legal battles.