The source is reputable, so probably unlikely to be an April Fools Day joke. But wow. Huge fine. It’s a settlement, so Ripple admits no fault. With a $25 billion market cap, what’s $100 million, but the fine has to sting, given Ripple and XRP’s legitimacy in other parts of the world.
Or perhaps the SEC found itself in a losing position, and offered up the settlement to get something. We will never know.
Now we wait for an official announcment of the settlement and a relisting of XRP to the largest exchanges.
