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Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case

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August 7, 2024
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Judge Fines Ripple 5M, Bans Future Securities Law Violations in Long-Running SEC Case
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“Rather, the Court finds that Ripple’s willingness to push the boundaries of the Order evinces a likelihood that it will eventually (if it has not already) cross the line,” she said. “On balance, the Court finds that there is a reasonable probability of future violations, meriting the issuance of an injunction.”

Tags: 125MBanscasefinesFutureJudgelawLongRunningRippleSECSecuritiesviolations
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