Alex Mashinsky, founder of collapsed crypto lender Celsius Network, was sentenced to 12 years in prison for commodities and securities fraud. He must also forfeit $48 million and real estate, underscoring tougher U.S. enforcement against crypto fraud.
Ripple drops its appeal after paying $50 million, SEC withdraws its appeal, ending the four-year case. XRP jumps 11% as legal clarity emerges, marking a turning point in crypto regulation with several other SEC lawsuits being dismissed or paused.
Ripple has agreed to drop its cross-appeal after paying $50 million of a $125 million penalty, while the SEC will also withdraw its appeal, bringing the long-running XRP case close to a formal end.
Ripple settles with SEC for $50 million, drops appeal; SEC withdraws its own appeal, ending the four-year lawsuit. XRP jumps 11% as legal uncertainty clears, signaling a shift in US crypto regulation.
Ripple ends four-year SEC lawsuit by paying $50M fine and dropping appeal. SEC also withdraws its appeal. XRP price jumps 11% as legal uncertainty clears, marking a turning point in US crypto regulation.
Ripple pays $50M to settle SEC lawsuit, with $75M returned. SEC drops appeal, ending four-year case. XRP jumps 11% as regulatory clarity boosts crypto market optimism. The resolution signals a major shift in U.S. crypto enforcement policy.
Ripple has paid $50 million to settle its long-running SEC lawsuit, with both sides dropping appeals. XRP surged 11% as the market welcomed the regulatory resolution, signaling a shift in US crypto enforcement under the new Trump administration.
Ripple drops its cross-appeal after paying $50 million of the $125 million fine, while the SEC withdraws its appeal. The long-running case officially ends, with XRP jumping 11% and signaling a regulatory shift for crypto.
