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Analysis

Ripple Claims Victory In SEC Suit But Paid A Price

By Aislinn Keely ( August 9, 2024, 10:26 PM EDT) -- Ripple Labs Inc. celebrated the end of its legal battle with the U.S. Securities and Exchange Commission as a "clear victory" that cut through the regulator's bid for $2 billion over the exchange's unregistered institutional sales of its XRP token, but experts told Law360 the $125 million fine and injunction Ripple faces is much more than a speeding ticket to end a costly four-year battle....

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