Ripple agrees to pay $50 million to the SEC and ends a historic legal battle
The agreement preserves the key ruling on XRP sales and could mark a new chapter in the interaction between crypto assets and U.S. regulation.
After more than three years of litigation, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have reached a tentative agreement to close their prolonged legal confrontation. At the center of the proposal: a payment of $50 million by Ripple in exchange for the lifting of the current injunction and the return of funds held in trust.
Both parties have jointly requested the court to issue a "indicative ruling" under Rule 62.1, a necessary legal step for the case to return from the appeals circuit to the district court, where the agreement would be formalized and the file closed.
If advanced, this outcome would not only free Ripple from immediate legal pressure but also set a fundamental precedent on how securities law applies to digital assets.
What does the agreement include?
Ripple would pay $50 million as a civil penalty.
The remaining $125 million held in custody would be returned to Ripple.
Neither party will appeal or challenge the summary judgment issued in July 2023.
The current injunction would be lifted, and both parties would withdraw their formal appeals.
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