Ripple to Settle SEC Fine in Cash, Not XRP, Former SEC Official Confirms

Former U.S. Securities and Exchange Commission (SEC) official Marc Fagel has confirmed that the settlement payment from Ripple Labs to the agency is secured in cash and will not be paid using XRP tokens. The clarification refutes widespread social media rumors that the fine would be settled with XRP, a scenario that had raised concerns […] The post Ripple to Settle SEC Fine in Cash, Not XRP, Former SEC Official Confirms appeared first on Coin Edition.