Ripple Fined $125 Million for Institutional Sales but Crypto Exchange Operations Deemed Legal
**Ripple Faces $125 Million Fine for Institutional Sales, but Crypto Exchange Transactions Deemed Legal**
In a recent ruling, Ripple was fined $125 million for its institutional sales practices. Despite this significant penalty, the court has deemed Ripple’s crypto exchange transactions as legal. This development adds a complex layer to the ongoing legal battles in the crypto industry. Regulatory clarity remains a critical issue as companies navigate the laws governing digital assets. Ripple’s case underscores the fine line between institutional sales and exchange transactions, highlighting the evolving legal landscape for cryptocurrencies.
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