Ripple Settlement Rejected by Judge Over Injunction Concerns

A - $0.603150480305388 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.

Source: tokenpost.com

Related symbols: XRPUSD

2025-06-27 00:00:07 GMT.

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Description

Alpha Token (A) is a cryptocurrency launched in 2017and operates on the Ethereum platform. Alpha Token has a current supply of 278,273,649.09200983 with 19,414,002.47958597 in circulation. The last known price of Alpha Token is 0.00052921 USD and is up 0.00 over the last 24 hours. More information can be found at https://www.alphaplatform.co.