Regulation & Policy

Ripple Officially Closes SEC Case with $125M Payment

Ripple Officially Closes SEC Case with $125M Payment

The news of the Ripple vs. SEC lawsuit officially concluding marks a pivotal moment for the cryptocurrency industry, signaling the end of a protracted legal battle that has cast a long shadow over XRP and the broader digital asset market for several years. This significant development comes as former SEC lawyer Marc Fagel confirmed that Ripple has successfully transferred the $125 million monetary penalty to the U.S. Treasury, effectively drawing the curtain on one of the most closely watched legal disputes in the fintech space. The payment finalizes a chapter of regulatory uncertainty, allowing Ripple to fully focus on its business operations without the burden of ongoing litigation. The Finality of Payment: A Detailed Look The confirmation of the $125 million payment brings an unequivocal end to the legal proceedings. Marc Fagel, through an update on social media platform X, shared a crucial letter addressed to Judge Analisa Torres. This document elucidated the agreement between both …

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