Ripple to Retain $75 Million From SEC As the XRP Lawsuit Enters Final Stage

Ripple’s Chief Legal Officer announced today that its XRP lawsuit with the SEC is approaching the final legal phase. The SEC will keep $50 million from the previous $125 million fine and return the rest to Ripple. Most importantly, Ripple will likely be able to offer XRP tokens to institutional investors, which could impact market liquidity and ETF approval odds. A Final Chapter to Ripple Vs SEC The Ripple vs SEC lawsuit was one of the most important crypto enforcement actions of Gary Gensler’s time as Chair, and the last questions are being answered source: https://beincrypto.com/sec-return-fine-in-ripple-xrp-lawsuit/