Bloomberg: The Ripple case is a good sign for other crypto companies battling the SEC

According to Bloomberg, one of the most closely watched legal cases in the cryptocurrency space made important progress last week when a federal judge ordered Ripple Labs Inc. to pay a $125 million civil penalty for selling its XRP tokens to institutional investors without registering with the Securities Exchange Commission (SEC). The fine is a fraction of the $2 billion sought by the agency, which could be good news for other crypto firms battling the SEC.