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Ripple and the SEC File Joint Motion to Halt Legal Proceedings

  • Ripple and the SEC filed a joint motion to halt legal proceedings as the case nears final settlement.
  • The long-standing Ripple vs SEC lawsuit has come to an end this year amidst a regulatory shift in the US.
  • Both entities filed a joint motion to pause appeals and any further legal proceedings to finalize the settlement.
  • Ripple Labs announced a strategic acquisition of prime broker Hidden Road for $1.25 billion as its SEC lawsuit approaches an end.

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