The US Securities and Exchange Commission appealed a court ruling that directed Ripple Labs Inc. to pay a $125 million civil penalty for allegedly illegally selling its XRP token, a fraction of the $2 billion the regulator pursued in a long legal battle with the cryptocurrency firm, according to a report by Bloomberg.

US SEC appeals $125 million ruling in Ripple Labs XRP case

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US SEC appeals $125 million ruling in Ripple Labs XRP case