$XRP SEC and Ripple obtain approval from Judge Torres for a new agreement signed after receiving the green light from the SEC on May 8

The deal reduces Ripple's penalty to $50 million (down from $125 million), lifts the ban on the sale of XRP, and returns Ripple's escrow of $75 million.

Lawyers, such as Filean and Diton, look optimistically at the approval, as appeals in the cases are currently on hold.