#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 seen significant developments.
Appeal Withdrawal: Ripple has agreed to withdraw its appeal against the SEC, resulting in a reduction of the fine imposed from $125 million to $50 million.
Approaching Final Settlement: Reports indicate that the case is nearing its end, with expectations of reaching a settlement in the coming months.
Impact on XRP Price: The XRP currency has recorded gains of 2% following rumors about the company nearing an agreement with the SEC, reflecting investor optimism regarding the resolution of the case.
Overall, these developments suggest that the legal dispute between Ripple and the SEC is approaching its conclusion, which could open the door for Ripple to expand its operations and enhance the position of XRP in the digital currency market.
