INSUBCONTINENT EXCLUSIVE:
XRP (XRP), the cryptocurrency associated with Ripple Labs, spiked 3.36% to $2.18 just five hours after the post, according to CoinMarketCap
Source: CoinMarketCapThe announcement comes a day after the US district court denied a joint motion from the SEC and Ripple requesting an
indicative ruling to reduce a $125 million civil penalty and reverse an order defining primary sales of XRP to institutional investors as
that has lasted for more than four years.Related: US judge denies Ripple, SEC joint request to reduce $125M penaltyIn December 2020, the SEC
filed the lawsuit against Ripple Labs, Chris Larsen and CEO Brad Garlinghouse
