In its last week announcement, the SEC formally confirmed the $50 million deal. Ripple will pay the reduced fine, with the remaining $75 million in escrow returned to the company.
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Judge Rejects SEC and Ripple's Bid to Rework XRP Settlement
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SEC, and Ripple filed joint request to the U.S. Court of Appeals for the Second Circuit to pause their cross-appeals as they pursued a negotiated settlement over case for selling unregistered securities that would reduce Ripple’s $125 million penalty to $50 million and conclude a four-year legal battle
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SEC and Ripple jointly filed a request on May 8, 2025, for an indicative ruling on whether the U.S District Court would approve SEC-Ripple settlement over selling unregistered securities and cut Ripple’s penalty from $125 million to $50 million
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The SEC and Ripple jointly filed a request on May 8, 2025, for an indicative ruling on whether the U.S District Court would approve SEC-Ripple settlement over selling unregistered securities and cut Ripple’s penalty from $125 million to $50 million
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