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Ripple Closes Final Settlement with SEC as Lawsuit Ends
- Ripple and the SEC have reached an agreement for final settlement to end the lawsuit.
- Ripple is expected to pay a $50 million penalty, reduced from the initial $125 million.
- Ripple will withdraw the latest cross-appeal and the SEC will ask the Court to lift the standard injunction imposed on Ripple.
- Community members expect XRP to witness significant surges in the coming days.
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