The long-running legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs is nearing its conclusion. On May 8, 2025, the SEC filed a joint proposal with Ripple in the federal court of Manhattan to reduce the fine from $125 million to $50 million and lift the court's ban on the sale $XRP . This amount is significantly lower than the SEC's initial demands of $2 billion, marking a partial victory for Ripple.
In August 2024, Judge Analisa Torres ruled that XRP is a security only when sold to institutional investors, but not on public exchanges. This decision was significant for the crypto industry. Of the $125 million held in escrow, $50 million will go to the SEC, and the remainder will return to Ripple after court approval.
This move by the SEC reflects a shift in the regulator's policy following the rise of the Donald Trump administration, which promised to ease cryptocurrency regulations. The price of XRP has stabilized at $2.20, with the potential to rise to $3.
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