SEC, Ripple file motion to release $125M in escrow as case winds down ⚖️
The longstanding lawsuit against Ripple, initiated by the United States Securities and Exchange Commission (SEC) in December 2020, is drawing to a close.
As part of the final proceedings, both parties have filed a motion seeking the release of $125 million currently held in escrow. This step marks a significant phase in resolving the prominent legal battle that has had substantial implications for Ripple and the broader cryptocurrency landscape.
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