$XRP
Partial Settlement Between SEC and Ripple: Reduced Fine and Redistribution of $125 Million
In an important legal development, the U.S. Securities and Exchange Commission (SEC) and Ripple have announced that they have reached a partial settlement in the ongoing case between the two parties, as per an official document submitted to the court on 8 May 2025.
The settlement terms include a payment of only $50 million out of an original fine of $125 million with the remaining amount to be returned to Ripple in a move indicating some relief in the ongoing legal confrontation. It was also agreed to drop some provisions in the final ruling pending the appellate court's decision on the remaining legal points.
This step is a sign of the possibility of reaching a final resolution that alleviates pressure on Ripple and restores some stability to the cryptocurrency market.