So, Ripple’s coughing up $50 million to the SEC. Big deal. 🙄 The settlement’s supposed to end one of the most dramatic crypto legal battles, but let’s not pop the champagne yet—it still needs the SEC and the judge to sign off. Typical bureaucracy, right?
XRP Legal Battle: Ripple Finally Catches a Break (Sort Of)
The SEC decided to drop its appeal of a 2023 ruling that said Ripple’s XRP sales weren’t unregistered securities. Wow, what a shocker! 🎉 Ripple’s now ending its own appeal about institutional sales. Because, you know, why not? Let’s just call it a day and move on.
SEC’s New Crypto-Friendly Attitude: Is This for Real? 🤨
Apparently, the SEC is now all buddy-buddy with crypto. They’ve dropped lawsuits against Coinbase, Kraken, and even Justin Sun. And now they’ve got Paul Atkins, a crypto-friendly lawyer, leading the charge. Is this a turning point or just another PR stunt? Only time will tell. 🕰️
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2025-03-26 19:57