The SEC lawsuit against Ripple is nearing its conclusion, with negotiations ongoing between the two parties. Ripple's legal team is seeking to modify the terms of the August district court ruling, which included a $125 million fine and a permanent injunction preventing Ripple from selling XRP to institutional investors .
The delay in reaching a settlement stems from Ripple's attorneys arguing that if the SEC's new leadership is clearing enforcement actions against previously-targeted crypto firms, Ripple should not face penalties. They believe that accepting the current ruling would amount to acknowledging wrongdoing at a time when the SEC itself appears uncertain about whether violations occurred .
Lawyer Fred Rispoli predicts that the lawsuit may see significant developments before April 16, 2025, as Ripple files its appellate brief. While some speculate that the SEC might withdraw its appeal, others believe that the case will conclude by September 2025 .
The outcome of the lawsuit is eagerly awaited by the XRP community, with many hoping for a positive resolution that could impact the cryptocurrency's price.
