Ripple CEO Unveils Post-SEC Legal Battle New Direction

Following the conclusion of its lengthy legal battle with the U.S. Securities and Exchange Commission (SEC), Ripple CEO Brad Garlinghouse has outlined a new era for the company. He revealed that the company intends to significantly reduce its previous $125 million penalty by paying $100 million in total, including the possibility of payment in XRP, marking a milestone for cryptocurrency integration within formal institutions.