Posts

Showing posts with the label fine reduction

Ripple SEC Settlement: Fine Reduced to $50M

Image
A Ripple SEC settlement has finally concluded the long-running legal dispute between the blockchain firm and the Securities and Exchange Commission, with a substantial reduction in penalties that was announced just recently. The XRP fine has been significantly cut from $125 million down to $50 million, which marks an important turning point in cryptocurrency regulation and also establishes new precedents for SEC crypto enforcement going forward. Also Read: Ripple: XRP Forecasted To Reach $10 by 2030 Understanding the Ripple SEC Settlement and Its Impact on Cryptocurrency Regulation Source: Watcher Guru Settlement Details and Fine Reduction The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever… Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an… — Stuart Alderoty (@s_alderoty) March 25, 2025 The Ripple SEC settlement has o...