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Ripple and the SEC have reached a $50 million settlement, marking the end of their years-long legal dispute. The agreement resolves allegations over XRP sales and lifts a major regulatory cloud over the crypto firm.
- The settlement requires Ripple to pay $50 million to the SEC, with $75 million returned from escrow.
- Judge Torres' 2023 ruling deemed XRP a security for institutional sales but not for retail, a key point in the case.
- XRP's price rose 5.2% post-announcement, underscoring market optimism about the resolution.
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