🔥 Ripple pays SEC fine — in cash, not XRP! The market breathes a sigh of relief 🔥
Rumors that Ripple plans to pay the fine with XRP tokens have been dispelled! 🚫 Mark Faigel, a former SEC official, confirmed: all the money is already reserved in an escrow account in cash. No tokens involved in the settlement — the market is safe.
📈 Against this backdrop, the price of XRP immediately jumped 7%, reaching $2.17.
💬 Lawyers and insiders are confident: the case is nearing its conclusion. The revised settlement motion is already with Judge Torres, and if she does not reject it — Ripple will settle for a $50 million fine instead of $125 million and without restrictions on institutional sales.
❌ However, the idea of confiscating XRP for the state reserve is pure fantasy. Lawyer Bill Morgan clearly stated: "It is simply impossible."
⚖️ The situation is developing, but everything points to an imminent end to the years-long saga of Ripple vs SEC.
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