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Ripple: Private Buybacks Spark Talk of a Massive Crypto IPO

Pelican Press

By Pelican Press,
in World News

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Last Thursday, federal judge Analisa Torres quashed the expedited resolution of the Ripple Labs saga. Despite the agreed-upon settlement with the Securities and Exchange Commission (SEC) for a reduced $50 million fine, the judge deemed the settlement unlawful: “The parties do not have the authority to agree not to be bound by a court’s final judgment that a party violated an Act of Congress in…

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