Ripple and SEC Revisit Settlement Proposal After Judge Dismisses Previous Attempt

In a new bid to settle their longstanding legal battle, Ripple and the U.S. Securities and Exchange Commission (SEC) have proposed a revised deal that would split a $125 million fine. The proposal follows the rejection of their previous attempt by a U.S. federal judge. 🎧 This latest proposal seeks to dissolve an injunction against Ripple and split the penalty, with $50 million going to the SEC and $75 million to Ripple.