SEC appeals reduced fine for Ripple, highlighting regulatory tensions in cryptocurrencies.

The SEC has filed an appeal against Ripple after a court ruling in August that reduced a proposed fine from nearly $2 billion to $125 million. The judge's decision is on hold until the SEC's appeal is resolved. The SEC argues that the ruling conflicts with Supreme Court precedent, highlighting ongoing tensions in the regulatory landscape for cryptocurrencies.

October 02, 2024
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