SEC and Ripple File Joint Motion to Dissolve Injunction and Modify $125M Penalty Settlement

The Securities and Exchange Commission and Ripple Labs have submitted a joint motion to Manhattan District Court Judge Analisa Torres requesting the dissolution of the injunction in their ongoing legal case and release of $125 million in civil penalties currently held in escrow. The proposed settlement would allocate $50 million to the SEC while returning […] The post SEC and Ripple File Joint Motion to Dissolve Injunction and Modify $125M Penalty Settlement appeared first on Coin Edition.