Ripple Labs Ordered to Pay $125M
This is a U.S. news story, published by CoinGape, that relates primarily to Analisa Torres news.
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SEC lawsuitCoinGape
•Ripple Labs ordered to pay $125 million in penalty in SEC lawsuit
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.
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