The court reaffirmed that Ripple violated securities laws by selling XRP to institutional investors without registration and upheld the $125 million penalty and injunction as necessary to prevent future violations

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The judge declared that the crypto firm indeed violated the law, which is why the penalty was necessary in the first place.
In August 2024, the court issued its final judgement, imposing the $125 million penalty and the injunction that prevents Ripple from selling XRP to institutional clients in the U.S.