Eleanor Terrett (@EleanorTerrett): Here’s why regulation by enforcement is the least effective way to achieve regulatory clarity:

Here’s why regulation by enforcement is the least effective way to achieve regulatory clarity: Including the fine, @Ripple has shelled out somewhere between $150M - $200M in legal fees only to end up in more or less the same position it was in when the @SECGov brought the… x.com/eleanorterrett… Quote [@EleanorTerrett](https://www.twitter.com/EleanorTerrett/status/1904591479768776743) > 🚨JUST IN: @Ripple has agreed to drop its appeal against the @SECGov and pay $50M of the originally ordered $125M fine. The SEC will also ask Judge Torres to lift the ‘obey the law’ injunction she imposed on Ripple in addition to the fine. > > Once all of this has been voted on by… x.com/s_alderoty/sta…