XRP Outshines Bitcoin, Ethereum To Become Biggest Daily Gainer After Judge Imposes $125M Penalty, Bans Future Securities Law Violations In SEC Case

Payment-focused cryptocurrency XRP XRP - $0.589461565167500 (CRYPTO: XRP XRP - $0.589461565167500 soared 15% Wednesday after Ripple Labs was handed a $125 million fine by a federal judge, a penalty far less than the $1.9 billion that the SEC had sought. What Happened: In a major development in the three-and-a-half-year-old legal battle, District Judge Analisa Torres of the Southern District of New York imposed the fine and an injunction against future securities law violations on Ripple, according to a CoinDesk report.

Source: benzinga.com

Related symbols: XRPUSD

2024-08-08 01:34:05 GMT.

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Price & Market Data

Price: $0.589461565167500

Volume 24h: $1,227,935,692.26

Market Cap: $33,237,393,131.83

Description

XRP (XRP) is a cryptocurrency . XRP has a current supply of 99,987,224,458 with 56,386,022,594 in circulation. The last known price of XRP is 0.5924771 USD and is up 2.49 over the last 24 hours. It is currently trading on 1390 active market(s) with $1,226,873,324.87 traded over the last 24 hours. More information can be found at https://xrpl.org/.