Answer to the main question: was there a settlement?
Yes, there is indeed a full settlement (settlement) between the SEC and Ripple, with cessation of mutual claims, withdrawal of appeals, and specific financial terms.
After court approval, the parties cannot initiate new appeals on the same issues.
The SEC commits to lift the court injunction and return a significant portion of the funds retained from Ripple.
The parties agreed on the right to make public statements only regarding the fact of the agreement.
The possibility of 'refusal' or 're-appeal' is absent — once the settlement is approved by the court, it becomes legally final and binding on both parties.
#Summary
The agreement is final and conclusive.
After court approval, the SEC cannot 'change its mind' or re-appeal on these issues.
The settlement officially closes the case, Ripple gets back part of the funds, and the SEC withdraws claims and the injunction.
Official status: legally binding settlement (settlement) — NOT a memorandum of understanding and NOT a preliminary agreement, but a full final deal between the SEC and Ripple.
https://www.sec.gov/files/litigation/litreleases/2025/settlement-agreement-26306.pdf
