SEC vs Ripple: The $50M Comedy of Errors 🎭💸

Under the settlement, the SEC will pocket $50 million from the $125 million penalty originally levied against Ripple. The remaining $75 million will be returned to Ripple, who will likely use it to throw a lavish party celebrating their victory. The SEC has also promised to request the court lift a previous injunction against Ripple, though this is still pending the usual bureaucratic red tape.






