Ripple Labs says it settles with US SEC, will pay reduced $50 million fine [Yahoo! Finance]

Coinbase Global, Inc. - Class A (COIN)
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Source: Yahoo! Finance
alleged sale of unregistered securities and pay just $50 million of a previously imposed $125 million fine, the cryptocurrency company's chief legal officer said on Tuesday. The accord would end one of the SEC's highest-profile cryptocurrency cases, as the regulator eases oversight of the industry. Ripple Chief Legal Officer Stuart Alderoty said in a post on X that the SEC would keep $50 million of the $125 million fine imposed in August by U.S. District Judge Analisa Torres in Manhattan and now in escrow earning interest. Alderoty said a settlement requires approval by the SEC and the judge. Ripple said there is no admission of wrongdoing. The SEC declined to comment. Ripple said last week that the SEC had ended its appeal of Torres' July 2023 decision that the
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News
- BlackRock Debuts New Physical Bitcoin ETP in Europe [Yahoo! Finance]Yahoo! Finance
- Crypto Tax Season: 5 Must-Know Tips And 3 Smart Moves For Next Year [Forbes]Forbes
- Rosenblatt says buy the dip in Coinbase, citing growth of USDC stablecoin [CNBC]CNBC
- Here are Wednesday's biggest analyst calls: Nvidia, Tesla, Cisco, Disney, Dell, Wingstop, Coinbase, Dutch Bros., & more [CNBC]CNBC
- Coinbase Global, Inc. (NASDAQ: COIN) had its "buy" rating re-affirmed by analysts at Rosenblatt Securities. They now have a $305.00 price target on the stock.MarketBeat
COIN
Earnings
- 2/13/25 - Beat
COIN
Sec Filings
- 3/26/25 - Form 4
- 3/26/25 - Form 4
- 3/24/25 - Form 144
- COIN's page on the SEC website