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XRP News: Ripple Settles SEC Lawsuit for $50 Million, Ending Years-Long Battle

XRP News: Ripple Settles SEC Lawsuit for $50 Million, Ending Years-Long Battle

Author:
XRP News
Published:
2025-03-26 01:56:55
26
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In a significant development for the cryptocurrency community, Ripple Labs has reached a settlement with the U.S. Securities and Exchange Commission (SEC), agreeing to pay a $50 million fine to end a years-long investigation into the company. This move marks the end of a contentious legal battle that has garnered widespread attention in the crypto space.

Ripple Pays $50 Million to SEC to End XRP Lawsuit

Ripple Labs has agreed to pay a $50 million fine to end the U.S. Securities and Exchange Commission’s (SEC) years-long investigation into the Ripple-linked firm. The fine is part of a $125 million penalty Ripple Labs was ordered to pay by a New York court in August over unregistered XRP sales to institutional investors. Ripple has agreed to drop its cross-appeal of a decision that found XRP is not necessarily a security. This move ends a long-standing dispute between Ripple and the SEC.

Ripple Labs Closes Legal Battle With SEC; XRP Price Unchanged

After more than four years of legal battles, Ripple Labs is officially closing the chapter on its lawsuit with the U.S. Securities and Exchange Commission (SEC). Ripple Chief Legal Officer Stuart Alderoty announced that the company will drop its cross-appeal and secure a $75 million refund from a prior judgment. Despite this positive development, XRP’s price has remained relatively unchanged in the daily chart at $2.45, although it has seen an 8% rise in the weekly chart.

XRP Price Prediction: Potential Rally Above $5 if Support Holds at $1.54

XRP price has struggled to maintain its upward momentum since its January 2025 peak at $3.40, despite a 14.92% monthly gain. Analysts are focused on predicting its next direction based on primary liquidity gaps. If XRP price drops to $1.54, it could establish a strong support base before a potential surge beyond $5. Crypto Patel, a market analyst, pointed out three critical gaps that could determine the future for Ripple’s XRP token.

XRP Lawsuit News: Ripple Reaches Final Settlement with SEC, Pays $50M Instead of $125M

Ripple has agreed to settle its ongoing legal dispute with the U.S. Securities and Exchange Commission (SEC), dropping its appeal and agreeing to pay $50 million of the originally imposed $125 million fine. This settlement marks a likely end to the long legal battle that has been ongoing since the SEC sued Ripple in 2020 over the sale of XRP tokens, which it claimed were unregistered securities. As part of the deal, the SEC has also requested that the judge lift the “obey the law” injunction that had been placed on Ripple.

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