Die US -Regulierungsbehörde beendet eine Klage gegen Crypto Company Ripple, Unternehmen, um 125 Millionen US -Dollar Geldstrafe zu zahlen
https://www.thehindu.com/sci-tech/technology/us-regulator-ends-lawsuit-against-crypto-company-ripple-company-to-pay-125-million-fine/article69918697.ece
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Late
tldr; The U.S. Securities and Exchange Commission (SEC) has concluded its lawsuit against Ripple Labs, accusing the company of selling unregistered securities. Ripple will pay a $125 million fine, and the injunction against selling its XRP token to institutional investors remains in effect. The case, initiated in December 2020, saw mixed rulings, with XRP sales to institutional investors deemed securities but not those on public exchanges. Both parties agreed to dismiss appeals, marking the end of the high-profile lawsuit.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Wasn’t that already done a month or so after the taco flavored and Cheetoh dusted corruption lord took office?
Because the SEC is basically just an ass kissing whore to trump and trump likes money while ripple VCs have money. They threw money at trump and et voila case reaolved.
But idk feels like old news and like I’ve seen this already earlier this year