đ° News Alert...
đ Title: Ripple Settles with SEC: A $50 Million Penalty and a Path Forward
đď¸ Published: 2025-03-25T22:31:19+02:00
đ Summary: In a significant development for the cryptocurrency landscape, Ripple has agreed to pay a $50 million fine to the US Securities and Exchange Commission (SEC) and abandon its cross-appeal in an ongoing lawsuit. This settlement will facilitate the SEC's request to lift the injunction that currently prevents Ripple from selling its digital currency, XRP, to institutional investors. Ripple's chief legal officer, Stuart Alderoty, emphasized that this agreement marks a pivotal moment as the company seeks to navigate its regulatory challenges and enhance its market position.
đ
https://cryptoslate.com/ripple-agrees-to-pay-50m-fine-and-drop-cross-appeal-to-settle-sec-lawsuit/
đď¸ Source: CryptoSlate
đ #Cryptocurrency #Ripple #SECSettlement
tzongocu / Tzongocu
npub10uâŚmz5qy
2025-03-25 20:31:23
Author Public Key
npub10u8xfdfw7447c26c34rql333yh6k0kevq9x3an8gqmvdtdpqnchqpmz5qyPublished at
2025-03-25 20:31:23Event JSON
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"pubkey": "7f0e64b52ef56bec2b588d460fc63125f567db2c014d1ecce806d8d5b4209e2e",
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"content": "đ° News Alert...\n\nđ Title: Ripple Settles with SEC: A $50 Million Penalty and a Path Forward\nđď¸ Published: 2025-03-25T22:31:19+02:00\nđ Summary: In a significant development for the cryptocurrency landscape, Ripple has agreed to pay a $50 million fine to the US Securities and Exchange Commission (SEC) and abandon its cross-appeal in an ongoing lawsuit. This settlement will facilitate the SEC's request to lift the injunction that currently prevents Ripple from selling its digital currency, XRP, to institutional investors. Ripple's chief legal officer, Stuart Alderoty, emphasized that this agreement marks a pivotal moment as the company seeks to navigate its regulatory challenges and enhance its market position.\nđ \nhttps://cryptoslate.com/ripple-agrees-to-pay-50m-fine-and-drop-cross-appeal-to-settle-sec-lawsuit/\n\nđď¸ Source: CryptoSlate\nđ #Cryptocurrency #Ripple #SECSettlement",
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}