The news says that the trial is over, Ripple needs to pay a fine of 125 million.
What are the prospects for Ripple in the future?
It's a big win for Ripples, and we saw the effect on the XRP token, which soared 20%. The judgment favored Ripples since the $125 million imposed fine by Judge Analisa Torres fell short of the $2 Billion the Security and Exchange Commission was seeking. Paying a $2billon fine would have affected the crypto firm's future negatively because many investors might have lost confidence. The company is not out of the woods yet because it is certain that the SEC will appeal the judgment. If the appeal doesn't favor Ripples, it might be a big blow.