According to reports by Wu, Ripple and the U.S. Securities and Exchange Commission (SEC) have reached a settlement agreement. Both parties requested the court to terminate the injunction against Ripple and release the $125 million civil penalty in the escrow account. According to the agreement, Ripple will pay $50 million to the SEC, and the remaining amount will be returned to Ripple.
Ripple Reaches Settlement Agreement with SEC, Pays $50 Million Penalty
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