Ripple Settles with SEC, Pays $50M to End Lawsuit
Ripple drops its appeal, agrees to pay $50M to SEC. The legal battle may soon be over as Judge Torres may lift injunction.
- Ripple agrees to pay $50 million to settle with SEC.
- The company drops its appeal against the regulator.
- SEC may ask the court to lift Ripple’s legal injunction.
After years of legal back and forth, Ripple and the U.S. Securities and Exchange Commission (SEC) appear to be putting their bitter courtroom battle to rest. According to Fox reporter Eleanor Terrett, Ripple has agreed to pay $50 million of the previously imposed $125 million penalty. This decision also includes the company dropping its appeal against the SEC.
The original fine stemmed from Ripple’s alleged violations of U.S. securities laws, particularly the unregistered sale of XRP. While Ripple scored partial victories last year—such as Judge Torres ruling that XRP sales on exchanges were not securities—the company still faced certain restrictions and penalties.
Now, both parties seem ready to close the chapter.
SEC Moves to End Injunction
An important development in this resolution is the SEC’s plan to ask Judge Torres to lift the “obey the law” injunction against Ripple. This injunction was a key part of the earlier ruling, essentially ordering Ripple to comply with certain legal boundaries going forward.
The lifting of this restriction could signal the SEC’s recognition that Ripple is now cooperating with the rules and framework set out by the court. Before it becomes official, the SEC’s commissioners must vote on the proposal, and formal court documents need to be filed.
Once those steps are completed, the high-profile SEC vs. Ripple lawsuit will officially be closed—a major milestone for Ripple and the broader crypto industry, which has closely watched this case for its regulatory implications.
A Turning Point for Crypto Regulation?
This potential settlement could mark a shift in how crypto-related legal cases are handled in the future. By settling rather than continuing the appeal, Ripple might be setting a precedent for how other blockchain firms navigate SEC enforcement.
As the legal dust settles, Ripple can now refocus on growing its business without the looming threat of litigation—an outcome that many in the crypto space will see as a cautious win.
