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#StripeStablecoinAccounts XRP News: Ripple Settles With SEC, Agrees to $50 Million Fine Amid XRP Legal Resolution Ripple and SEC reach agreement to conclude long-standing legal battle; $125M escrow to be partially returnedRipple Labs and the U.S. Securities and Exchange Commission (SEC) have officially reached a settlement, concluding one of the most closely watched legal battles in the crypto space.Key Points:Ripple will pay a $50 million fine to the SEC.The remaining $75 million from a $125M
#StripeStablecoinAccounts XRP News: Ripple Settles With SEC, Agrees to $50 Million Fine Amid XRP Legal Resolution Ripple and SEC reach agreement to conclude long-standing legal battle; $125M escrow to be partially returnedRipple Labs and the U.S. Securities and Exchange Commission (SEC) have officially reached a settlement, concluding one of the most closely watched legal battles in the crypto space.Key Points:Ripple will pay a $50 million fine to the SEC.The remaining $75 million from a $125M
#StripeStablecoinAccounts XRP News: Ripple Settles With SEC, Agrees to $50 Million Fine Amid XRP Legal Resolution Ripple and SEC reach agreement to conclude long-standing legal battle; $125M escrow to be partially returnedRipple Labs and the U.S. Securities and Exchange Commission (SEC) have officially reached a settlement, concluding one of the most closely watched legal battles in the crypto space.Key Points:Ripple will pay a $50 million fine to the SEC.The remaining $75 million from a $125M civil escrow account will be returned to Ripple.Both parties requested the court to terminate existing restrictions on Ripple’s operations.The case closure may impact XRP price and broader crypto regulatory sentiment.Settlement DetailsAccording to crypto journalist Wu Shuo, the settlement involves both Ripple and the SEC submitting a joint request to the court. The request aims to:Lift the ban previously imposed on Ripple, andRelease $125 million in escrowed civil penalties.As part of the agreement, future SEC lawsuits involving other
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