Crypto News
Ripple Hails Victory as Judge Cuts SEC’s Penalty Request by 94% in Final Judgment of XRP...
District Judge Analisa Torres has cut the penalty requested by the U.S. Securities and Exchange Commission (SEC) in the case against Ripple Labs over XRP by 94%. The court partially granted the SEC’s motion for remedies against Ripple, imposing a $125 million civil penalty. “This is a victory for Ripple, the industry, and the ruleSource link
Who’s Organizing the Crypto4Harris Virtual Town Hall?
A grassroots organization is trying to rally crypto holders around Vice President Kamala Harris as Donald Trump openly embraces them.Source link
Bitcoin Premium Climbs to 6% in South Korea Amid Market Turbulence
On Wednesday, at approximately 4:11 p.m. EDT, bitcoin’s value against the U.S. dollar stood at $54,709 per unit, reflecting a 3.41% decrease over the preceding 24 hours. Concurrently, in South Korea, the price of bitcoin was $57,027 per coin, representing a 4.23% premium. According to data from cryptoquant.com, the South Korean premium has seen anSource link
Ripple to Pay $125 Million Fine for Unregistered XRP Sales
The SEC had sought a more substantive $2 billion judgement.Source link
Judge Fines Ripple $125M, Bans Future Securities Law Violations in Long-Running SEC Case
A federal judge ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future securities law violations on Wednesday.Source link