Ripple Withdraws Appeal, Secures $75 Million from SEC Settlement
Ripple has made a significant move by withdrawing its counter-appeal in the ongoing SEC lawsuit, marking a crucial step toward resolution. As part of this settlement, the SEC will compensate Ripple with $75 million from the original $125 million fine, signaling an end to a lengthy four-year legal battle. This resolution is expected to provide Ripple with a clearer path forward, potentially revitalizing its operations and restoring investor confidence. The crypto community is keenly observing the developments around Ripple post-settlement.