August 09, 2024 BY Elizabeth Anderson

Ripple To Pay $125m In Civil Penalties

The US Securities and Exchange Commission (SEC) brought the case against the blockchain-oriented digital payment network back in November 2020. The financial watchdog claimed that Ripple had performed unregistered securities sales after levying $1.3bn by selling XRP tokens. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Initially, the SEC wanted a $2bn penalty…

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