Ripple Requests Stay on SEC Monetary Judgment Amid Ongoing Legal Battle

Ripple’s legal battle with the SEC continues as the Commission considers appealing a recent court ruling that deemed XRP not a security. Ripple has requested a stay on a $125 million monetary judgment, which the SEC consented to, allowing Ripple to hold the funds while the SEC weighs its options. Meanwhile, Ripple’s leadership is lobbying for more favorable conditions in the crypto industry, with notable political endorsements reflecting their stance.

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