SEC and Ripple ask the court to lift the injunction and settle a $125 million fine
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币界网报道：According to the news from Bijie.com, on June 13 (UTC+8), the U.S. Securities and Exchange Commission (SEC) and Ripple have jointly filed a request with the Manhattan District Court to lift the ban in the lawsuit between the two parties and deal with the $125 million civil penalty in custody. According to the proposal, $50 million will be paid to the SEC and the remaining funds will be returned to Ripple. This motion is the latest move by both parties to reach a settlement, end pending appeals and avoid further legal proceedings. (Source: Mlion.ai)
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