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BREAKING: Ripple CLO Confirms XRP vs. SEC Case is Finally Over-$5 Next?

  • Ripple's legal battle with the SEC has concluded with a final ruling by the U.S. District Court for the Southern District of New York.
  • The court reduced the SEC's proposed penalty from over $2 billion to $125 million and imposed restrictions on Ripple's future XRP sales to institutional clients in the U.S.
  • Ripple's fair notice defense used in the case may set precedent for future cases involving digital asset regulation by the SEC.
  • XRP's price has seen an increase, with some investors eyeing a target of $5 for the cryptocurrency.

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