Ripple Case Ends: $50M Settlement with SEC Marks Closure of Landmark Crypto Dispute

After years of legal battle, Ripple has settled its lawsuit with the U.S. Securities and Exchange Commission (SEC), ending a significant chapter in crypto history. The company agreed to pay $50 million as part of a settlement that will also see the remaining $75 million refunded to Ripple by the SEC. While this agreement marks the final step for the case, it’s crucial to note that Ripple maintains they did not admit wrongdoing and this settlement is still pending formal approval from the court.