Ripple to Pay $125 Million Fine for Unregistered XRP Sales

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A New York court on Wednesday ordered fintech company Ripple to pay a $125 million fine in its lawsuit with the Securities and Exchange Commission.

The civil penalty is significantly less than the $2 billion sought by the Securities and Exchange Commission.

This is a developing story and will be updated as more information is available.

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Source: https://decrypt.co/243656/ripple-fine