Ripple Labs and the U.S. Securities and Exchange Commission (SEC) may be close to resolving their legal dispute over the unregistered sale of XRP. Ripple's legal team is reportedly trying to renegotiate aspects of a previous ruling that ordered the company to pay a $125 million penalty for its institutional XRP sales. The ruling was seen as a win for Ripple at the time, but the new SEC leadership's retreat from investigations into crypto companies may impact the outcome. In response to the news, XRP saw a 3% increase.
Content Editor ( coindesk.com )
- 2025-03-12
XRP Token Rises After Report That Ripple's Close to Wrapping Up SEC Case
