Ripple agrees to pay $50M fine and drop cross-appeal to settle SEC lawsuit
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Ripple agrees to pay $50M fine and drop cross-appeal to settle SEC lawsuit
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The settlement is now pending the SEC's vote, and will end the XRP lawsuit if approved.
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The SEC, under the leadership of Mark Uyeda, dropped its appeal in SEC vs Ripple case for selling unregistered securities and Ripple agreed to drop its corresponding cross-appeal following $50mln USD settlement between the parties
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Ripple agrees to pay $50M fine and drop cross-appeal to settle SEC lawsuit
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