The final crossing of tβs and dotting of iβs β and what should be my last update on SEC v Ripple everβ¦
Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an interest-bearing escrow in cash), with the balance returned to Ripple. The agency will also ask the Court to lift the standard injunction that was imposed earlier at the SECβs request. All subject to Commission vote, drafting of final documents and usual court processes.
Thatβs all folks!