New Ripple Move Targets SEC's Potential Appeal

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New Ripple Move Targets SEC's Potential Appeal
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Ripple checkmates the SEC with its latest move

a letter requesting a stay of the monetary portion of the court's final judgement that was published on Aug. 7., Ripple was ordered to pay $125 million worth of penalties, which is only a fraction of what the SEC was initially asking for. Dogecoin Rockets 678% in Bullish Whale ActivityHowever, Ripple is refusing to turn over the fine to the agency until"30 days after the time to appeal or the resolution of any appeal" has come to pass.

"The SEC hasn’t been given marching orders yet on the decision and this is the safest way to delay pending the Oct. 7 deadline," attorney Fred Rispoli explained in a social media post.

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