On Aug. 7, a federal judge issued a $125 million civil penalty against Ripple Labs in the now-concluded United States Securities and Exchange Commission vs. Ripple case. In the Aug. 7 filing in the US District Court for the Southern District of New York, Judge Analisa Torres found that Ripple Labs was “permanently restrained and enjoined” from violating US securities laws. According to the filing, the civil penalty was expected to be paid to the SEC within 30 days. The judgment was given despite the US regulator arguing for a far bigger sum of $2 billion. Based upon the court’s findings of Rip…