SEC, Ripple Ink $50M Settlement Agreement, Ask NY Judge for Green Light

District Judge Analisa Torres ordered Ripple to pay the SEC a $125 million fine last year. Under the new settlement agreement, Ripple will get the majority of that money back.
Will ripple pay the SEC a $125 million fine?

District Judge Analisa Torres ordered Ripple to pay the SEC a $125 million fine last year. Under the new settlement agreement, Ripple will get the majority of that money back. CEO Brian Armstrong added that Deribit’s acquisition is his company’s “biggest move yet” to expand internationally.

Will Ripple settle the SEC vs. Ripple lawsuit?

Brad Garlinghouse, the CEO of Ripple, is confident about the outcome of the SEC vs. Ripple lawsuit. He stated that Ripple is willing to settle with the SEC as long as they gain clarity on XRP.

What happened between ripple & SEC?

In March, Ripple and the SEC reached a historic settlement as per which both parties decided to drop their appeal and cross-appeal. The firm’s penalty also got reduced from the original $125 million to $50 million.

Is ripple’s settlement with secgov false?

According to a Ripple spokesperson, this morning’s report of an expected settlement between Ripple and the SEC tomorrow (11/15) is false.

Is a settlement between Ripple and the SEC expected tomorrow?

Fox reporter Eleanor Terrett has dispelled claims that a settlement between Ripple and the SEC is expected tomorrow.

Are Ripple Labs and the SEC expecting a settlement?

Eleanor Terrett, a notable journalist and producer for Charlie Gasparino at Fox, has come up to publicly dispels claims that Ripple Labs and the Securities and Exchange Commission (SEC) are expecting a settlement regarding the ongoing litigation between the two entities.