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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
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After years of legal wrangling, Ripple’s finally waving the white flag—with a $50 million check attached. The SEC’s enforcement division just pocketed another win, proving even crypto’s ’rebels’ eventually bend the knee to regulatory reality.
The fine print:
No admission of guilt, naturally. Just another ’cost of doing business’ in an industry that still thinks compliance is optional. New York’s judge now holds the pen—will they play along with this carefully choreographed surrender?
Wall Street’s probably chuckling into their $300 ties—nothing like watching decentralized idealists learn the oldest lesson in finance: the house always wins.
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