Ripple Settlement Ends Legal Battle with SEC

After a prolonged legal battle spanning since December 2020, Ripple’s case against the U.S. Securities and Exchange Commission (SEC) has reached a definitive resolution. The company has agreed to drop its cross-appeal against the SEC in exchange for a $50 million fine, with the remaining $75 million being refunded to the company. This settlement marks the end of one of the most significant regulatory battles in crypto history.