The two parties have agreed to a $50 million settlement, signaling the end to their multi-year legal standoff. The settlement, outlined in a joint , requests that New York Judge Analisa Torres dissolve an existing injunction against Ripple and release $125 million held in escrow. The deal also ensures that the regulatory agency and the payments company will drop their respective appeals, with the former abandoning its challenge and the latter withdrawing its cross-appeal. The saga started in December 2020, when the SEC filed a appeal against Ripple.SEC, Ripple Ink $50M Settlement to End Long-Running Legal Battle

• By Team Sineira in Anti-Drugs, Economic & Financial Crime, Illegal Migration, News, Traceability