The over four-year-long legal battle between blockchain company Ripple Labs and the Securities and Exchange Commission could conclude soon, a Fox Business journalist reported Wednesday.
What Happened: Eleanor Trett posted on X that the high-profile case was in the process of “wrapping up” and could be over soon, citing “well-placed” sources.
Trett said that Ripple’s legal team was negotiating favorable terms regarding the August district court ruling that imposed a $125 million fine on the company and an injunction against future securities law violations.
Full story available on Benzinga.com