Big news about Ripple and the SEC! The SEC is like a grown-up that makes sure companies follow the rules. They had a big fight with Ripple, a cryptocurrency company, about whether Ripple broke those rules.
- Ripple was ordered to pay a $125 million fine.
- The SEC appealed, making the fight longer.
- Some people think Ripple is waiting for a new SEC leader who might be friendlier to cryptocurrency.
- There's lots of guessing about what will happen next.
| Thing | Info |
|---|---|
| Fine amount | $125 million |
| SEC's initial demand | $2 billion |
| Possible outcome | Fine dropped or reduced |
It's a bit confusing, but basically, everyone's waiting to see what happens next with Ripple!
