Ripple would get $75M back under SEC settlement

Ripple would get $75M back under SEC settlement

The agreement must get sign-off from a federal judge, among other next steps. A Democratic commissioner at the SEC, however, said the deal would mark a “tremendous disservice” to the law.

SEC - Settlement Reached in Ripple Case! Immediately Following Heavy Criticism from SEC Member!

The post SEC – Settlement Reached in Ripple Case! Immediately Following Heavy Criticism from SEC Member! appeared on BitcoinEthereumNews.com. The U.S. Securities and Exchange Commission (SEC) announced on May 8 that a settlement agreement has been reached in the XRP lawsuit against Ripple Labs, CEO Brad Garlinghouse, and co-founder Christian Larsen. According to the agreement, the SEC and Ripple will jointly file a motion with the court to lift …

Ripple Agreement Triggers Harsh Rebuke from SEC Official

Crenshaw criticized the agency for significantly weakening the impact of the court’s original order. In her view, the settlement dilutes the authority of the judiciary and the SEC’s ability to enforce securities laws. She expressed concern that this compromise will set a troubling precedent, suggesting that the SEC’s leadership may be intentionally stepping back from a strong legal position. SEC Allegedly Fears Losing in Higher Court Interesting…

The price of XRP has returned to the focus of the crypted ecosystem after a series of strategic and legal movements that could drastically change its value in the coming months. The recent 10% rise in the price of XRP, which brought it to $2.4, accompanied by a 23% increase in the daily volume of transactions to $5.5 billion, is not an isolated fact. Behind this movement are two key catalysts: the massive accumulation of tokens by whales and the…

Ripple Settlement Slammed by SEC Commissioner

Commissioner Caroline Crenshaw believes that new SEC administration is actually scared of winning

Here's the Official Settlement Agreement from the SEC to End Ripple and XRP Case

The long-running legal battle between Ripple Labs, Inc., and the U.S. Securities and Exchange Commission (SEC) is nearing resolution, as confirmed by the official settlement agreement recently unveiled. Crypto influencer JackTheRippler shared the official settlement agreement document filed by the SEC with the U.S. district court to end the contentious case that has gripped the crypto community for years. Settlement Details Shed Light on Resolut…