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XRP News: Former SEC Official Says Ripple Already Paid $125M To SEC, Here’s How
In a recent post, former SEC official Marc Fagel revealed that Ripple has already paid the $125 million fine to the Securities and Exchange Commission (SEC). This announcement comes as the crypto firm seeks to put the legal battle behind it and focus on expanding its operations.
According to Fagel, Ripple had already settled the monetary judgment in cash. The revelation was made amid a discussion about the crypto firm possibly paying the monetary judgment in XRP. However, the former SEC official debunked the idea of that happening, citing the fact that the company has already fulfilled the payment obligation.
The news comes as Ripple seeks to put its legal woes behind it and focus on advancing its operations.
Source: bitcoinist.com
