Future

Partial

Coin

<ul class="wp-block-list news-points"> 
 <li>Ripple secures partial victory in SEC lawsuit, facing $120M penalty instead of $2B.</li> 
 <li>Ruling sparks debate on implications for XRP and ODL services.</li> 
 <li>Experts divided on whether this is a decisive win for Ripple or just another chapter in the legal battle.</li> 
</ul> 
Ripple <a href="https://coinedition.com/ripple-secures-big-legal-win-but-questions-remain-on-the-victory/">scored a partial win</a> in its legal battle with the SEC, with a judge ordering a $120 million penalty instead of the $2 billion sought by the regulator. The ruling also touched on Ripple’s On-Demand Liquidity (ODL) service. Experts are divided on whether this marks a decisive victory for Ripple or just another chapter in a complex saga that started almost four years ago. 
Ripple’s Chief Technology Officer David Schwartz and crypto influencer ScamDaddy, engaged in a lively debate on X (formerly Twitter) regarding XRP’s use in ODL transactions. The discourse centered on whether the recent injunction restricts such use. 
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 A lot of people are still claiming Ripple can still use XRP for ODL transactions in the US. This is MISINFORMATION. Judge Torres issued an injunction against Ripple for their Section 5 violations, which was for institutional sales. What was included in those sales? ODL was <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f447.png" alt="👇" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/WLAguzoqcq" target="_blank" rel="nofollow">pic.twitter.com/WL…</a>
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The post <a href="https://coinedition.com/ripples-partial-sec-win-odls-future-in-spotlight/">Ripple’s Partial SEC Win: ODL’s Future in Spotlight</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Ripple’s Partial SEC Win: ODL’s Future in Spotlight

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