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Flash News List

List of Flash News about Ripple penalty

Time Details
2025-05-08
20:22
SEC and Ripple Reach $50M Settlement: Crypto Market Impact and Trading Insights

According to Eleanor Terrett on Twitter, the US SEC has announced a settlement with Ripple, CEO Brad Garlinghouse, and co-founder Chris Larsen, agreeing to a reduced penalty of $50 million from the original $125 million, with the remainder returned to Ripple. Both parties will drop appeals if the court lifts restrictions, signaling the end of a long-standing legal battle. This concrete resolution eliminates major regulatory uncertainty around XRP, likely boosting trading volumes and short-term price action as investors react to the clarity on Ripple's legal standing. Market participants should monitor XRP price volatility and liquidity following this news, as the settlement sets a precedent for future crypto-related enforcement actions. (Source: Eleanor Terrett, Twitter, May 8, 2025)

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