SEC was asking Billions in penalties. Court ruled $125 mil.
CONCLUSION
The SEC’s motion for remedies and the entry of final judgment is GRANTED IN PART
and DENIED IN PART. The Court shall enter a final judgment enjoining Ripple from further violations of the securities laws and imposing a civil penalty of $125,035,150
No disgorgement, No fraud or misappropriation.
XRP is Not a Security.
Court also rejected SEC's claim:
The SEC suggests that each of Ripple’s “1,700 relevant contracts” constitutes a
separate violation
And there the "17" number again.
"XRP" = vaporware; XRPers roughly = flat earthers. You have evinced yourself by spreading false info. XRP is completely deployed for a over a decade and is totally functional as designed whereas vaporware is hardware or software that has not been released so your statement is 100% false. The SEC brought suit against Ripple in Dec 2020. SEC chair Gary Gensler, was CFO for hitlerly's campaign. So one should wonder why would a Goldman Sachs guy would work so hard to hurt/stop/delay Ripple and by implication, XRP. Maybe just a little research before popping off such false info so your fellow patriots on this board will respect your options more in general.
Most people aren’t doing the math on the market cap and how much the owners of ripple are holding in their own accounts. This will be a massive rug pull but everyone seems to think the token will reach values that would dwarf the current entire currency value in circulation. I don’t think this token is meant to benefit the plebs.