Ripple Settlement: Legal Battle Ends with $50M Fine

After years of legal wrangling, Ripple has reached a resolution with the U.S. Securities and Exchange Commission (SEC). The company has agreed to drop its cross-appeal against the SEC, concluding one of the most significant regulatory battles in crypto history. As part of the agreement, Ripple will pay a $50 million settlement, with the remaining $75 million being refunded. The SEC will also request the court to lift the previously imposed injunction on Ripple. )