Ripple and SEC Reach Settlement Deal, Ripple to Pay $50M
By: bitcoin ethereum news|2025/05/09 04:30:02
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The motion seeks an indicative ruling to end the court’s injunction against Ripple and release $125 million in funds currently held in escrow for civil penalties. Under the terms of the agreement, Ripple will pay $50 million to the SEC, while the remaining $75 million will be returned to the company. This move marks a potential end to one of the most high-profile legal battles in the cryptocurrency space, following years of litigation over whether Ripple’s XRP token constituted an unregistered security. The post Ripple and SEC Reach Settlement Deal, Ripple to Pay $50M appeared first on Coindoo. Source: https://coindoo.com/ripple-and-sec-reach-settlement-deal-ripple-to-pay-50m/
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