SEC Reaches Controversial Settlement with Ripple Labs
The SEC settled a long-running enforcement action against Ripple Labs, agreeing to return $75 million of a $125 million fine and keeping $50 million, amid significant criticism from SEC Commissioner Caroline Crenshaw about undermining investor protections.
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The Cascade Ledger. “SEC Reaches Controversial Settlement with Ripple Labs.” The Capture Cascade Timeline, May 9, 2025. https://capturecascade.org/event/2025-05-09--sec-settles-case-with-crypto-firm-with-ties-to-the-white-hou/