The document happened to be a year after Ripple was ordered to pay $125 million as part of a corporate enforcement action using XRP as an unregistered securities.
information
A civil lawsuit between the Securities and Exchange Commission (SEC) and Ripple Labs appears to have been completed, a document confirming that both parties jointly stipulated a rejection of regulatory appeals and cross-competition between blockchain companies.
In filings filed by the U.S. Court of Appeals for the Second Circuit, the court recognized the cross-legal action of the SEC and Ripple in law enforcement lawsuits involving XRP.
“End…re-operate now,” Ripple Chief Legal Officer Stuart Alderoty Write In Thursday’s X post.
This is a developing story and will add more information when it is available.
