Former SEC lawyer Marc Fagel has revealed that the $125 million monetary penalty in the Ripple Vs. SEC case has been paid to the U.S. Treasury. This officially ends the long-running legal battle between the crypto firm and the regulator.

Ripple Vs. SEC Case Ends As Crypto Firm Pays Monetary Judgment

In an X post , Fagel confirmed that the $125 million penalty in the Ripple vs. SEC case was paid to the U.S. Treasury last month. He shared a letter addressed to Judge Analisa Torres , which stated that both parties had agreed to the release of the funds from escrow for the crypto firm to pay the full court-ordered penalty plus statutory interest.

Furthermore, the letter revealed that the SEC had provided the appropriate wire transfer instructions after which Ripple directed th

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