币界网报道：Ripple faces a potential $125 million penalty as the SEC's request for a permanent injunction was rejected by the court. The ongoing legal battle centers around allegations that Ripple conducted an unregistered securities offering through its XRP sales. While the court denied the SEC's bid to permanently bar Ripple from certain institutional sales, the case now moves to the remedies phase where financial penalties will be determined. Legal experts suggest the final fine could be significantly lower than the SEC's initial $2 billion demand, with estimates ranging around $125 million. The decision marks another chapter in the multi-year lawsuit that has significantly impacted XRP's market performance and regulatory clarity for crypto assets.