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.
60 Articles
60 Articles


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
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…
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