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Ripple Drops Cross-Appeal in SEC Showdown: Can XRP Price Benefit?

  • Ripple has ended its 4+ year legal battle with the SEC, with both sides dropping their appeals, but final court and SEC approval are pending.
  • Under the settlement, the SEC retains $50M of the $125M fine in escrow, with no admission of wrongdoing from Ripple.
  • Ripple's closure comes amid easing crypto oversight, though XRP's price remains largely unchanged.
  • XRP is currently trading at $2.44, showing little impact from the settlement news.

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