Ripple Settlement Ends Landmark Regulatory Battle with SEC

After a lengthy legal dispute spanning over three years, Ripple has reached a settlement with the U.S. Securities and Exchange Commission (SEC). This agreement resolves the lawsuit that began in 2020, marking a significant turning point for the cryptocurrency industry. The settlement involves a $50 million payment by Ripple to the SEC, which will also seek to have an injunction against Ripple lifted. This marks the end of one of the most critical legal battles in crypto history.