⚖️ The legal dispute between Ripple and the SEC has officially concluded
Ripple has agreed to pay a $50 million fine, and $75 million of the frozen funds will be returned to the company. Importantly, XRP sales through automated means remain non-securities, allowing Ripple to operate without legal hurdles.
📈 Following the news of the case's conclusion, XRP surged in price by 11%, and trading volumes increased to $9.54 billion.
✍️ This decision paves the way for Ripple to grow its business without ongoing legal battles and may influence the regulation of the cryptocurrency market as a whole.
