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Ripple has secured a small victory against the US Securities and Exchange Commission (SEC)shutting down the agency’s motion to seal internal files known as the Ripple and the SEC finalized a $50 million settlement agreement, reducing the earlier penalty and ending the legal dispute. Ripple’s legal battle with the SEC started in Ripple lawsuit and updates from remedies-related discovery. Ripple’s legal chief, Stuart Alderoty, goes after the SEC with the Hinman Documents that remain a pain to The SEC filed a lawsuit against Ripple Labs, CEO Brad Garlinghouse, and co-founder Chris Larsen. The agency alleged that Ripple raised roughly $1.3bn through XRP The Ripple Labs and SEC lawsuit concluded on Aug, with Ripple not classified as a security but fined $125 million. This outcome ended a major legal battle and The Ripple Labs versus SEC lawsuit has reached a notable juncture, with Judge Torres issuing a Final Judgment on Aug. This ruling, which addressed the The speech was given in the context of the SEC's lawsuit against Ripple, which accuses the company of selling its native token XRP as an unregistered security. Ripple has argued that

Ripple Lawsuit: SEC Refuses to Hand Over Hinman Docs, Digs Heels In

The Ripple lawsuit continues to generate headlines, with the US Securities and Exchange Commission (SEC) seemingly digging in its heels, specifically regarding the controversial Hinman documents. Ripple’s legal battle with the SEC started in December 2020, and the fight for transparency is far from over, despite recent developments.

Ripple has secured a small victory against the US Securities and Exchange Commission (SEC)shutting down the agency’s motion to seal internal files. However, Ripple’s legal chief, Stuart Alderoty, goes after the SEC with the Hinman Documents that remain a pain to the regulatory body. The SEC's resistance to releasing these documents is fueling speculation about their potential impact on the case. The speech was given in the context of the SEC's lawsuit against Ripple, which accuses the company of selling its native token XRP as an unregistered security. Ripple has argued that the regulatory framework surrounding cryptocurrency assets needs greater clarity.

The SEC filed a lawsuit against Ripple Labs, CEO Brad Garlinghouse, and co-founder Chris Larsen. The agency alleged that Ripple raised roughly $1.3bn through XRP. This core allegation centers around whether XRP should be classified as a security.

While The Ripple Labs and SEC lawsuit concluded on Aug, with a significant ruling that XRP is not classified as a security but also included a fine for Ripple. Initially, the settlement was for a substantial sum, however Ripple and the SEC finalized a $50 million settlement agreement, reducing the earlier penalty and ending the legal dispute. The legal saga reached a critical point when The Ripple Labs versus SEC lawsuit has reached a notable juncture, with Judge Torres issuing a Final Judgment on Aug. This ruling, which addressed the issues at hand and set the stage for appeals if the SEC chooses to proceed.

Stay tuned for Ripple lawsuit and updates from remedies-related discovery as this ongoing case continues to unfold and impact the broader cryptocurrency market.

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