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SEC Vs Ripple Lawsuit Dropped

Ripple and the SEC agreed to end their legal dispute, with Ripple withdrawing its cross-appeal after the SEC dropped its appeal without conditions.
The SEC will keep $50 million of a $125 million fine previously imposed.
The U.S. Treasury removed Tornado Cash from its sanctions list, although it remains concerned about North Korea's hacking and money laundering.
Coinbase is in advanced talks to acquire Deribit, aiming to enter the crypto derivatives market more aggressively.

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Latin Times

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SEC vs Ripple: Largest $XRP Holder Drops Cross-Appeal, To Pay $50M Out Of $125M Fine

Ripple has decided to abandon its cross-appeal in the case filed by the SEC against the largest corporate holder of $XRP, bringing the fintech firm closer to the end of the four-year-old lawsuit.

7 days ago

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Channel News Asia

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WTVB

Center

Ripple Labs says it settles with US SEC, will pay reduced $50 million fine

NEW YORK : Ripple Labs agreed to settle a U.S. Securities and Exchange Commission civil lawsuit over the alleged sale of unregistered securities and pay just $50 million of a previously imposed $125 million fine, the cryptocurrency company's chief legal officer said on Tuesday.The accord would end one of

7 days ago·Singapore

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Coin Desk

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bipns.com

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SEC Drops Investigation into Web3 Gaming Firm Immutable

The Australian crypto company disclosed it had received a Wells notice from the U.S. SEC last November.

7 days ago·Manila, Philippines

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CNBC

Center

SEC will keep $50 million of Ripple fine and refund the rest to wrap case, legal officer says

Ripple has agreed to withdraw its cross-appeal, Chief Legal Officer Stuart Alderoty said on X Tuesday.

7 days ago·United States

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Forbes

Center

SEC Vs Ripple Lawsuit Dropped

Ripple CEO Brad Garlinghouse said the SEC has finally pulled the plug on a four-year legal fight.

8 days ago·United States

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Crypto Digital Currency News ©

Ripple Agrees To Pay $50,000,000 Fine To Conclude SEC Lawsuit Once and for All

Ripple chief legal officer Stuart Alderoty says that the end of the legal battle between the blockchain company and the U.S. Securities and Exchange Commission (SEC) is nearing its conclusion. In a post on the social media platform X, Alderoty says that Ripple is ending its appeal against the SEC. The development comes following the…

5 days ago

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