May 9, 2025

XRP Open Interest Soars as Ripple vs. SEC Settlement Nears, Penalty Demand Reduced

1 min read

XRP’s Open Interest is capturing traders’ attention amid the ongoing Ripple vs. SEC legal saga. The SEC has significantly reduced its penalty demand from $2 billion to $103 million. Ripple seeks to limit penalties to $10 million, using Terra’s $420 million civil penalty as a benchmark. Ripple vs. SEC case fuels optimism in XRP markets

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Source: CoinOtag

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