{"id":917117,"date":"2025-03-26T11:45:01","date_gmt":"2025-03-26T06:15:01","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=917117"},"modified":"2025-03-26T11:45:01","modified_gmt":"2025-03-26T06:15:01","slug":"cryptocurrency-company-ripple-labs-agrees-to-pay-50-million-fine-to-us-market-regulator","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/03\/26\/cryptocurrency-company-ripple-labs-agrees-to-pay-50-million-fine-to-us-market-regulator\/","title":{"rendered":"Cryptocurrency company Ripple Labs agrees to pay $50 million fine to US market regulator"},"content":{"rendered":"<p>Ripple Labs has reached a settlement with the U.S. Securities and Exchange Commission (SEC), agreeing to pay a reduced fine of $50 million. This marks the conclusion of one of the SEC&#8217;s most high-profile cryptocurrency cases, which began in December 2020.<\/p>\n<p>The lawsuit accused Ripple of selling unregistered securities through its XRP token. Initially, Ripple was ordered to pay a $125 million fine. However, under the new agreement, the SEC will retain $50 million of the amount, which had been held in escrow. Ripple&#8217;s Chief Legal Officer, Stuart Alderoty, confirmed the settlement on social media, emphasising that the company made no admission of wrongdoing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ripple Labs has reached a settlement with the U.S. Securities and Exchange Commission (SEC), agreeing to pay a reduced fine of $50 million. This marks the conclusion of one of the SEC&#8217;s most high-profile cryptocurrency cases, which began in December 2020. The lawsuit accused Ripple of selling unregistered securities through its XRP token. Initially, Ripple was ordered to pay a $125 million fine. However, under the new agreement, the SEC will retain $50 million of the amount, which had been held in escrow. Ripple&#8217;s Chief Legal Officer, Stuart Alderoty, confirmed the settlement on social media, emphasising that the company made [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-917117","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/917117","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=917117"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/917117\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=917117"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=917117"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=917117"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}