Ripple has reached a resolution with the US Securities and Exchange Commission (SEC) to end their long-running legal battle over allegations of offering unregistered securities. The company will pay $50 million, which is half of the original $125 million fine, and the remaining balance will be returned from escrow.
As part of the agreement, Ripple has agreed to withdraw its cross-appeal, allowing the SEC to request that the court lift the current standard injunction against the company. This marks a significant shift in Washington’s approach to crypto regulation, with the SEC signaling a more conciliatory posture towards digital asset innovation.
The resolution follows last week’s news that the SEC would drop its appeal without conditions. The deal reflects a growing trend of easing crypto enforcement and supporting innovation in the digital asset space. This development comes as President Donald Trump announced a US strategic crypto reserve, including bitcoin, solana, XRP, and more, which signals a broader shift towards regulatory balance between investor protection and support for innovation.
The agreement still requires formal commission approval and finalization of legal documentation before being completed. Once finalized, the case will be closed in full.
Source: https://www.cnbc.com/2025/03/25