Ripple Ordered To Pay $125M Penalty In SEC Case

By Aislinn Keely ( August 7, 2024, 5:00 PM EDT) -- A New York federal judge ordered Ripple Labs Inc. to pay a $125 million civil penalty on Wednesday in a long-awaited order addressing remedies for the blockchain company's failure to register institutional sales of its XRP token with the U.S. Securities and Exchange Commission....

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