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Ripple and SEC Request Court to Lift XRP Ban and Unlock $125M in Escrow

Ripple and SEC Request Court to Lift XRP Ban and Unlock $125M in Escrow

Simply put The SEC and Ripple have made a joint request to address the injunction and release the funds held in escrow. The proposed settlement involves Ripple paying $50 million to the SEC, with the remaining amount returned to Ripple. This matter traces back to 2020, centering on allegations that XRP sales were unregistered securities. […]