<ul><li>Ripple has agreed to pay $50 million to the U.S. Securities and Exchange Commission (SEC) in a proposed settlement, ending a nearly four-year legal battle initiated by the SEC.</li><li>Both Ripple and the SEC have dropped their appeals, requesting the U.S. District Court for the Southern District of New York to approve the deal.</li><li>The settlement stems from a case filed in December 2020, where the SEC accused Ripple of violating securities laws by selling XRP without proper registration as a security.</li><li>The proposed settlement, if approved, would allow Ripple to pay $50 million to the SEC, withdraw appeals, and resume operations with funds held in escrow, potentially marking a new regulatory era for crypto companies.</li></ul>

Ripple to Pay $50 Million to SEC Under Proposed $125 Million Settlement

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