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Ripple’s $125M Fine: Could the SEC End Up Paying Interest?


by CoinEdition
Ripple's $125M Fine Could the SEC End Up Paying Interest
  • Attorney Fred Rispoli questions if Ripple could receive statutory interest if it wins an appeal and the $125 million SEC penalty is returned.
  • James Farrell suggests Ripple might delay the $125 million payment pending appeal.
  • The outcome could hinge on whether Ripple cross-appeals, affecting the potential for statutory interest and appeal costs.

Key players in the crypto community are pondering the scenario of what might happen if there is an appeal in the recently concluded Ripple-SEC case.

Attorney Fred Rispoli sparked a conversation on X, asking whether Ripple might be entitled to statutory interest if it wins an appeal and the $125 million penalty is returned. Rispoli called on securities lawyers to weigh in on the discussion.

For context, on August 7, Ripple Labs secured a major legal win against the SEC as Judge Analisa Torres significantly …

The post Ripple’s $125M Fine: Could the SEC End Up Paying Interest? appeared first on Coin Edition.

Read the article at CoinEdition

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Red Wave Hits Bitcoin, Ether & XRP as Liquidations Exceed $500 Million

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Will This Groundbreaking XRP ETF Filing Finally Win SEC Approval?

Will This Groundbreaking XRP ETF Filing Finally Win SEC Approval?

Amplify ETFs just filed for a new type of a Ripple ETF in the US.

Ripple’s $125M Fine: Could the SEC End Up Paying Interest?


by CoinEdition
Ripple's $125M Fine Could the SEC End Up Paying Interest
  • Attorney Fred Rispoli questions if Ripple could receive statutory interest if it wins an appeal and the $125 million SEC penalty is returned.
  • James Farrell suggests Ripple might delay the $125 million payment pending appeal.
  • The outcome could hinge on whether Ripple cross-appeals, affecting the potential for statutory interest and appeal costs.

Key players in the crypto community are pondering the scenario of what might happen if there is an appeal in the recently concluded Ripple-SEC case.

Attorney Fred Rispoli sparked a conversation on X, asking whether Ripple might be entitled to statutory interest if it wins an appeal and the $125 million penalty is returned. Rispoli called on securities lawyers to weigh in on the discussion.

For context, on August 7, Ripple Labs secured a major legal win against the SEC as Judge Analisa Torres significantly …

The post Ripple’s $125M Fine: Could the SEC End Up Paying Interest? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Red Wave Hits Bitcoin, Ether & XRP as Liquidations Exceed $500 Million

Red Wave Hits Bitcoin, Ether & XRP as Liquidations Exceed $500 Million

The cryptocurrency market has taken several hits this past week, culminating in short...
Will This Groundbreaking XRP ETF Filing Finally Win SEC Approval?

Will This Groundbreaking XRP ETF Filing Finally Win SEC Approval?

Amplify ETFs just filed for a new type of a Ripple ETF in the US.