Ripple agreed to pay $50 million in penalties as part of the final settlement, significantly less than the $2 billion initially sought by the SEC

Event date

May 9, 2025

Quotes that support claims

On Thursday, the Securities and Exchange Commission said Ripple and its two top executives would pay $50 million to resolve the case, first filed in 2020 under then-Chair Jay Clayton.

According to a settlement agreement filed in New York on Thursday, both parties have agreed to a $50 million penalty — a portion of the $125 million fine initially imposed last year by Judge Analisa Torres of the Southern District of New York (SDNY), and a tiny fraction of the massive $2 billion fine initially requested by the SEC.

Tags

Week 19 of 2025