US SEC and Ripple Submit Latest Filings on $125 Million Fine, Seeking to End Years-Long Lawsuit
According to a report by Jinse Finance, the U.S. Securities and Exchange Commission (SEC) and Ripple have submitted their latest filings to the court, jointly requesting a ruling on the $125 million penalty in hopes of concluding their nearly five-year legal dispute. In the court documents, both parties referenced the SEC’s significant shift in its regulatory stance toward cryptocurrencies. Previously, the SEC had filed a lawsuit against Ripple, alleging that its sale of XRP tokens violated securities laws. With the evolving regulatory landscape, both sides are now seeking a final resolution to bring this landmark cryptocurrency regulatory case to a close.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
USD.AI developer Permian Labs receives investment from an exchange
VanEck has selected SOL Strategies to provide staking services for its SOL spot ETF
Data: A certain whale bought another 1,502 ETH within 10 minutes, accumulating over 2,943 ETH in total.
