Founders

The ripple lawsuit update we’ve all been waiting for has finally arrived. After more than four years of intense legal battles, the SEC has officially dropped its case against Ripple, bringing this landmark crypto confrontation to a close. This protracted sec vs ripple struggle cost XRP holders approximately $15 billion in losses, while Ripple itself spent over $150 million in legal expenses. Consequently, the company will now forfeit $50 million of its $125 million fine, with the remainder to be returned based on court decisions.

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