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 Dismissed: Ripple agreed to drop its appeal against the SEC, which resulted in reducing 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% after 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 coming to a close, which could pave the way for Ripple to expand its operations and enhance XRP's position in the cryptocurrency market.