Ripple Settles With SEC: Pays $50M, Case Nears Conclusion

Ripple settles with the SEC, agreeing to pay a $50 million penalty and dropping its cross-appeal, marking the near conclusion of a long-standing lawsuit that began in 2020. The SEC will retain $50 million of the original $125 million fine, with the remaining $75 million returned to Ripple. source: https://cryptonews.com/news/ripple-settles-with-sec-pays-50m-case-nears-conclusion/