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Ripple Slashes $50M Check to SEC—Now Begs Judge to Rubber-Stamp the Deal

Ripple Slashes $50M Check to SEC—Now Begs Judge to Rubber-Stamp the Deal

Author:
Coindesk
Published:
2025-05-08 21:26:50
18
2

SEC, Ripple Ink $50M Settlement Agreement, Ask NY Judge for Green Light

After years of legal wrangling, Ripple’s finally waving the white flag—with a $50 million settlement that reeks of ’just make it go away’ energy. The SEC gets another notch on its enforcement belt, while crypto’s favorite courtroom drama inches toward closure.


The Price of Peace (or Surrender?)

No admission of guilt, but plenty of zeros on the check. Ripple’s move hints at exhaustion—not victory—in the SEC’s war on crypto ‘securities.’ Meanwhile, XRP holders brace for the next act: Will this actually unshackle the token, or just fund regulators’ next fishing expedition?


Judge’s Turn at the Roulette Wheel

All eyes on the NY court now. Approval here could set a precedent—or prove the SEC’s strategy is just ‘shake down startups until they run out of legal fees.’ Either way, Wall Street’s compliance drones are already billing overtime to ‘interpret’ this mess.

|Square

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