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Posted by
Two Blokes Jun 27 -
Filed in
Crypto
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4 views
A New York judge has denied a joint settlement request from the U.S. Securities and Exchange Commission (SEC) and Ripple Labs that sought to reduce Ripples civil penalty to $50 million and remove a permanent injunction. Judge Analisa Torres of the Southern District of New York ruled that lifting the injunction was unjustified, citing Ripples past violations and its ongoing incentive to disregard federal securities laws.
