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Fox reporter: Ripple's lawsuit is more complex than Coinbase because it has received a judge's order to pay a $125 million fine

The Internet reported that Fox Business reporter Eleanor Terrett posted on the X platform that the Ripple lawsuit was more complex than Coinbase because they had received an order from regional judge Torres to pay a $125 million fine. According to the final decision, Torres would retain jurisdiction over the case for one year (until August 7, 2025) to ensure that the terms of the order were met. Although the Securities and Exchange Commission could choose to waive its appeal in the Second Circuit, they would still need to find a way to approach the district court and agree on a penalty ruling (mitigation or waiver), presumably with the support of Judge Torres, but all of this carries a certain amount of uncertainty because, as one legal person put it: "We are now in uncharted territory."

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