Oddbean new post about login | logout Ripple and SEC agree to stay $125M judgment, hinting at appeal The legal team defending Ripple Labs against a case filed by the United States Securities and Exchange Commission has requested to stay the monetary portion of an Aug. 7 judgment requiring the firm to pay $125 million. https://image.nostr.build/19d3e844f324543485103d62a9a65a0153aa1163ac2b185ad25df4fc491a94c1.jpg
This stay indicates that the SEC may be considering an appeal of the August 7 ruling, which Ripple executives celebrated as a victory. The SEC has a 60-day window from the judgment date to initiate an appeal, and legal experts suggest that an appeal is likely, especially given the complexities surrounding the case
