$XRP #AltcoinSeasonLoading Ripple and the United States Securities and Exchange Commission (SEC) reached a definitive agreement, representing a significant step toward resolving the lawsuit. This was filed by the agency during Joe Biden's administration, accusing the company of violating securities laws.

As reported by the SEC in an official statement released on May 8, the agency presented a settlement agreement that establishes a framework to resolve the SEC's civil enforcement action against Ripple. The plan submitted by the company a few months ago is accepted with the idea of reaching a joint agreement regarding the ruling issued by Judge Analisa Torres.