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Ripple’s $125M Fine: Could the SEC End Up Paying Interest?

Aug 27, 2024
  1. The Interest Payment Question
  2. Payment Delay
  3. Impact of Appeal

Key players in the crypto community are pondering the scenario of what might happen if there is an appeal in the recently concluded Ripple-SEC case.

The Interest Payment Question

Attorney Fred Rispoli sparked a conversation on X, asking whether Ripple might be entitled to statutory interest if it wins an appeal and the $125 million penalty is returned. Rispoli called on securities lawyers to weigh in on the discussion.

On the odds of an appeal, can any securities lawyers answer this question for me: If there is an appeal and if Ripple wins on every issue over the SEC, aside from returning the $125M penalty to Ripple, does the SEC have to pay statutory interest on that?Fred Rispoli

Payment Delay

James Farrell suggests Ripple might delay the $125 million payment pending appeal. This could impact the process and terms of appeal.

Impact of Appeal

The outcome could hinge on whether Ripple cross-appeals, affecting the potential for statutory interest and appeal costs.

Key players in the crypto community continue to discuss the potential outcomes of an appeal in the Ripple-SEC case, which could significantly influence the company's future and strategy.

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