Market News: U.S. SEC seeks to reach a settlement of 102.6 million dollars with Ripple

According to the source @RippleXrpie, the U.S. Securities and Exchange Commission has responded to Ripple's letter regarding TerraForm Labs' ruling. The SEC is demanding a settlement of 102.6 million dollars, and it is expected that both parties will reach an agreement soon. In response to this, Coinbase Chief Legal Officer paulgrewal.eth quoted the content of the letter on platform X, stating that the SEC believes that in litigation situations, settlements have limited roles in determining relief measures.