There was a big development in the Ripple (XRP) case and judge Torres decided that the company should pay a penalty of $ 125 million. With this, a positive decision was made that XRP trading on exchanges is legal.
The decision was enthusiastically welcomed by the XRP community, as the fine was expected to be around $2 billion.
Ripple CEO Brad Garlinghouse said in his latest statement:
<blockquote>
 “The SEC requested $2 billion, and the Court agreed they overexerted their hands by reducing that request by ~94%. We respect the Court's decision and have the clarity to continue growing our company.
 This is a victory for Ripple, the industry, and the rule of law. The SEC's barriers to the entire XRP community have been removed.”
</blockquote>
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/breaking-ripple-ceo-brad-garlinghouse-speaks-after-the-ruling-in-the-xrp-case/" rel="noopener noreferrer nofollow">BREAKING: Ripple CEO Brad Garlinghouse Speaks After the Ruling in the XRP Case</a>

BREAKING: Ripple CEO Brad Garlinghouse Speaks After the Ruling in the XRP Case

Bitcoin Sistemi EN

Other articles published on Aug 7, 2024

Shiba Inu Petition Surpasses 1,000 Votes: Community Aims to Push SHIB Price to $0.00001 with Bina...

Wix.com Ltd. Reports Strong Q2 Performance with $458.4 M in Bookings

Bitcoin Surges Past $57K, Leading Crypto Market Rally

Kamala Harris Can Advance 'Sustainable Future For Cryptocurrencies,' Says Industry Expert

BlackRock’s Ethereum ETF Draws $900M Quickly

Combating Fake Profiles: The Role of Decentralized Identity in Professional Networks

Join our free newsletter for daily crypto updates!