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The legal dispute between Ripple Labs and the SEC has officially ended, with Ripple agreeing to pay $50 million while $XRP’s programmatic sales remain classified as non-securities.
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SEC and Ripple jointly dismissed appeals, ending the $XRP lawsuit.
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Ripple will pay $50 million, with $75 million of escrowed funds returned.
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$XRP’s programmatic sales remain classified as non-securities.
Ripple Labs and the SEC have reached a resolution in their legal battle, with significant implications for the future of $XRP and the broader crypto market.