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Ripple Labs ordered to pay $125 million in penalty in SEC lawsuit

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Summary
Nutrition label

55% Informative

Ripple Labs has been ordered to pay $125 million in penalty in SEC lawsuit.

This payment marks a major step-down from SEC 's $2 billion demand.

Judge Analisa Torres ordered the U.S. to pay the sum of $ 125,035,150 as a penalty in the long-drawn lawsuit with the United States Securities and Exchange Commission .

Ripple Labs is now wondering what comes next after this penalty ruling.

VR Score

33

Informative language

22

Neutral language

39

Article tone

formal

Language

English

Language complexity

46

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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