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Ripple and SEC Reach Settlement Deal, Ripple to Pay $50M
By: coindoo|2025/05/09 04:15:02
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The motion seeks an indicative ruling to end the court’s injunction against Ripple and release $125 million in funds currently held in escrow for civil penalties.Under the terms of the agreement, Ripple will pay $50 million to the SEC, while the remaining $75 million will be returned to the company.This move marks a potential end to one of the most high-profile legal battles in the cryptocurrency space, following years of litigation over whether Ripple’s XRP token constituted an unregistered security.The post Ripple and SEC Reach Settlement Deal, Ripple to Pay $50M appeared first on Coindoo.
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