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Could the U.S. Secure $100M in XRP Overnight? Legal Perspective

  • Ripple Labs and the U.S. SEC are discussing the possibility of settling Ripple's $125 million penalty using XRP.
  • Attorney Jeremy Hogan suggests that Ripple could transfer the equivalent value of XRP to a federal address to satisfy the penalty.
  • This settlement approach could influence the acceptance of cryptocurrencies within U.S. financial frameworks.
  • If Ripple pays the fine in XRP, it could set a precedent for future regulatory settlements involving digital assets.

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