Top Stories of The WeekXRP rockets 26% as Ripple execs hail $125M penalty as victoryThe price of XRP surged 26% as a New York federal judge moved closer to ending a three-year securities lawsuit against Ripple Labs, which executives are calling a victory for the industry.On Aug. 7, a judge ordered Ripple Labs to pay a $125 million civil penalty and said the firm was permanently restrained and enjoined from violating United States securities laws as part of a case brought by the Securities and Exchange Commission. Cointelegraph reported that the ruling seemingly puts Ripples case with the SEC i…
