{"id":19071,"date":"2025-03-25T22:31:57","date_gmt":"2025-03-25T22:31:57","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19071"},"modified":"2025-03-25T22:31:57","modified_gmt":"2025-03-25T22:31:57","slug":"ripple-closes-in-on-legal-resolution-with-sec-will-recover-75-million-from-original-fine","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19071","title":{"rendered":"Ripple Closes In On Legal Resolution With SEC, Will Recover $75 Million From Original Fine"},"content":{"rendered":"<div>\n<p><strong>Ripple Labs<\/strong> appears poised to conclude its lengthy courtroom standoff with the U.S. Securities and Exchange Commission with a proposed settlement returning $75 million of a previously imposed $125 million penalty.<\/p>\n<p>In an update shared Tuesday on X (formerly Twitter), Ripple&#8217;s Chief Legal Officer <strong>Stuart Alderoty<\/strong> <a href=\"https:\/\/x.com\/s_alderoty\/status\/1904587116488917053?s=46&amp;t=8NRtgRDdqD7hUivi1jQV8Q\">announced<\/a> the SEC agreed to retain only $50 million of the fine and return the remainder.<\/p>\n<p>The proposal is still pending formal approval by both SEC commissioners and the court.<\/p>\n<p>This development follows the SEC&#8217;s recent decision to abandon its appeal of a 2023 ruling &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/news\/legal\/25\/03\/44484286\/ripple-closes-in-on-legal-resolution-with-sec-will-recover-75-million-from-original-fine\" alt=\"Ripple\" closes in on legal resolution with sec will recover million from original fine>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ripple Labs appears poised to conclude its lengthy courtroom standoff with the U.S. Securities and Exchange Commission with a proposed settlement returning $75 million of a previously imposed $125 million penalty. In an update shared Tuesday on X (formerly Twitter), Ripple&#8217;s Chief Legal Officer Stuart Alderoty announced the SEC agreed to retain only $50 million [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19071","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19071"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19071\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}