SEC vs Ripple over - Ripple must pay $125m

[Bobcrypto]

$125 million?. That's a joke for Ripple, like the coins that fall out of our pockets (although I never find any) when we sit on the couch. I hope that for Ripple pride is not stronger than reason and they pay the fine, I think it would be the smartest thing they could do considering that the amount is much lower than that previously demanded. If it all ends here, with the payment of that “small” amount, it could be said that Ripple has won with one of the best results it could have obtained.

I don't think either side is interested in dragging this out much longer, but there's also a chance (particularly the SEC) that they could appeal and start over.

I don't think that SEC will not comeback again after receiving the fine from Ripple. It is already on record that the law suit has been decided and closed. Ripple are free to go about their project developments,
In addition, it has actually slow down Ripple progress all this years, and i think with conclusion of the law suit, Xrp coin will now compete with other projects on the crypto market.

[philipma1957]

I wonder if xrp could get a refund down the road on this.

Trumpeter is giving fired soldiers their backpay and letting them come back to work.

This was about 1000 soldiers fired over refusing a legal order to take the vaccine for covid.

[Freemind]

I don't think that SEC will not comeback again after receiving the fine from Ripple. It is already on record that the law suit has been decided and closed. Ripple are free to go about their project developments,
In addition, it has actually slow down Ripple progress all this years, and i think with conclusion of the law suit, Xrp coin will now compete with other projects on the crypto market.

It is possible, but the tentacles of the SEC are many and very long, so I do not trust at any time that everything will be 100% finished. Now with Trump back in power it seems that things are going to change for cryptocurrencies, and possibly these “persecutions” will not be as frequent as in past years or at least they will not have as much impact on companies, as is the case of Ripple. What is clear is that Ripple is experiencing a renaissance with XPR and the revaluation it has been receiving for a few weeks and is about to launch new products. This is always positive and a good sign of the company's performance.

[Zed0X]

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I don't think that SEC will not comeback again after receiving the fine from Ripple. It is already on record that the law suit has been decided and closed. Ripple are free to go about their project developments,

In case you didn't know yet, SEC recently an appeal to challenge the court's decision. I think their new arguments will not be enough to overturn the decision but it's still a pain in the ass for Ripple because they have to prepare for another legal battle. It could be short this time tough and in Ripple's favor.

[bitterguy28]

In case you didn't know yet, SEC recently an appeal to challenge the court's decision. I think their new arguments will not be enough to overturn the decision but it's still a pain in the ass for Ripple because they have to prepare for another legal battle. It could be short this time tough and in Ripple's favor.

i do not know how much seriously will the sec take this appeal under the new administration they might not even continue the appeal in favor of xrp and the usa now is entering a new era where they are trying to be a crypto friendly country and constantly drilling onto crypto projects will not help that purpose