CoinFusion
Yesterday, Judge Analisa Torres made a significant ruling in the SEC vs. Ripple case by rejecting a joint motion from both parties that sought to lift the injunction and reduce Ripple’s $125 million fine related to XRP’s institutional sales. This means the injunction and fines remain in place.
Ripple now faces a crucial deadline in August to decide whether to pursue a cross-appeal. If Ripple continues with the appeal, the SEC may also appeal the ruling on XRP’s programmatic sales, which were previously ruled not to meet the securities test under the Howey standard. If the SEC wins on appeal, X
Ripple now faces a crucial deadline in August to decide whether to pursue a cross-appeal. If Ripple continues with the appeal, the SEC may also appeal the ruling on XRP’s programmatic sales, which were previously ruled not to meet the securities test under the Howey standard. If the SEC wins on appeal, X












