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CoinGape

Ripple Labs requests stay order on monetary portion of court’s judgment

CoinGape
Summary
Nutrition label

62% Informative

Ripple Labs has filed a letter requesting a stay order from the court regarding the monetary portion of the judgment entered on August 7 .

Ripple has two days to pay $125 million to the U.S. Securities and Exchange Commission .

The parties agree to keep 111% of monetary judgment ina trust.

Ripple needs to file a cross appeal in 2nd Circuit Court .

VR Score

53

Informative language

51

Neutral language

13

Article tone

formal

Language

English

Language complexity

33

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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