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Ripple Walks Away Paying Just $50 Million to SEC Over XRP Lawsuit Decrypt 3 weeks ago

Ripple Walks Away Paying Just $50 Million to SEC Over XRP Lawsuit ⚖️

Ripple Labs has reached a settlement with the U.S. Securities and Exchange Commission (SEC), deciding to pay $50 million to resolve a lawsuit concerning its XRP cryptocurrency. The legal battle, which originated in 2020, has been a significant point of contention in the blockchain community. This resolution marks a critical step for Ripple in moving past the litigation.

Source: decrypt.co ↗