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The end is nigh

We’re nearly at the close of the SEC’s battle with Ripple Labs. For real this time. 

I say nearly because while Judge Analisa Torres issued her final judgment yesterday, the two parties are still able to appeal the judgment.

Late yesterday, Torres ordered Ripple to pay a penalty of $125 million. The sum is way below the $2 billion sought by the SEC — and that figure does not include disgorgement or prejudgment interest, of which the SEC sought massive sums of $876 million and $198 million. 

At the same time, the…

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