#SECGuidance
As of today, Saturday, April 12, 2025, the case of the U.S. Securities and Exchange Commission (SEC) against Ripple and its digital currency XRP has witnessed significant developments.
Appeal Withdrawal: Ripple agreed to withdraw its appeal against the SEC, resulting in a reduction of the fine from $125 million to $50 million.
Approaching Final Settlement: Reports indicate that the case is nearing its conclusion, with expectations of reaching a settlement in the coming months.
Impact on XRP Price: The XRP currency recorded gains of 2% following rumors about the company's nearing agreement with the SEC, reflecting investors' optimism regarding the end of the case.
Overall, these developments suggest that the legal dispute between Ripple and the SEC is approaching its end, which could pave the way for Ripple to expand its operations and strengthen XRP's position in the digital currency market.$XRP