Ripple Could Receive $75M as Ripple, SEC File Join Motion to Release $125M Held in Escrow

Ripple Could Receive $75M as Ripple, SEC File Join Motion to Release $125M Held in Escrow

The joint motion seeks to end all pending appeals and avoid further legal proceedings between the two parties.

SEC and Ripple Wrap Up Case, Distribute $125 Million In Escrow - Invest In Crypto News

Ripple and the United States Securities and Exchange Commission (SEC) filed a joint motion on Thursday to release the $125 million in funds held in an escrow account to pay for settlement costs ordered by the court. According to the letter submitted by both parties, $50 million will be transferred to the SEC for the civil penalty against Ripple, with the remaining $75 million transferred back to Ripple, pending court approval. The filing attorne…

Ripple vs SEC Nears End? $125M Motion Could Seal the Deal

Ripple and the SEC filed a motion to settle using $125 million from escrow — ending 4.5 years of litigation $50 million will go to the SEC, while Ripple reclaims $75 million, pending court approval This marks a symbolic end to one of the most important crypto legal cases in U.S. history Ripple and the U.S. SEC have jointly filed a motion to release $125 million held in escrow, signaling a final resolution in their years-long legal battle. If app…

Ripple and SEC File Joint Motion to Finalize Settlement - Blockchain & Cryptocurrencies Tabloid

Ripple and the SEC file a joint motion for a $125M settlement, aiming to finalize before the June 16 deadline. The post Ripple and SEC File Joint Motion to Finalize Settlement appeared first on Blockchain & Cryptocurrencies Tabloid.

SEC and Ripple Wrap Up Case, Distribute $125 Million In Escrow

Ripple and the United States Securities and Exchange Commission (SEC) filed a joint motion on Thursday to release the $125 million in funds held in an escrow account to pay for settlement costs ordered by the court. According to the letter submitted by both parties, $50 million will be transferred to the SEC for the civil penalty against Ripple, with the remaining $75 million transferred back to Ripple, pending court approval. The filing attorne…

SEC, Ripple file motion to release $125M in escrow as case winds down

The SEC and Ripple sent a joint letter to the court outlining the distribution of $125 million held in escrow to settle fines and penalties.