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Cryptocurrency News Articles
Ripple Labs Inc. Settles SEC Lawsuit, Dropping Uncertainty After 4 Years of Hefty Legal Fees
Mar 26, 2025 at 12:06 pm
After over 4 years of uncertainty and hefty legal fees, Ripple's case against the Securities and Exchange Commission (SEC) is finally over.
After over four years of uncertainty, hefty legal fees, and a case that spanned several court proceedings, the legal battle between Ripple and the Securities and Exchange Commission (SEC) is finally coming to an end.
A week ago, Ripple’s CEO Brad Garlinghouse said the SEC dropped its appeal, which the company described as a “resounding victory”.
Now, according to Stuart Alderoty, Ripple’s Chief Legal Officer, the company has put the “final crossing of t’s and dotting of i’s” in one of the SEC’s highest-profile cryptocurrency cases at a time when the regulator is dialing back oversight of the industry (which the former director says is a mistake).
The agency will also retain $50M of the $125M in fl
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