XRP soars 12% as SEC and Ripple formally end legal dispute
The nearly five-year legal dispute between the U.S. Securities and Exchange Commission and Ripple Labs has come to an official close. Summary SEC and Ripple jointly dismissed appeals, ending the XRP lawsuit. Ripple will pay $50M, with $75M of escrowed funds returned. XRP’s programmatic sales remain classified as non-securities. This follows a joint filing on … Read more