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The SEC and Ripple have reached a $50 million settlement, significantly reducing the initial $125 million penalty. A dissenting SEC commissioner warns this undermines securities law enforcement. Meanwhile, XRP’s price surged following the news.
- SEC reduces Ripple's penalty from $125M to $50M in final settlement
- Dissenting commissioner warns settlement undermines securities law enforcement
- XRP price surges 6.7% on settlement news amid bullish predictions
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