XRP News: Ripple Settles SEC Lawsuit with Reduced Fine, Closing Major Chapter in Crypto Legal Battle
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Ripple has reached a settlement with the U.S. Securities and Exchange Commission (SEC), marking the end of a long-standing legal battle that has gripped the cryptocurrency industry. The company has agreed to pay a reduced fine of $50 million, significantly less than the original penalty of $125 million.
XRP Lawsuit: Ripple Notches More Big Wins As It Wraps Up Landmark Crypto Case With SEC
The SEC’s years-long crusade against the crypto industry seems to be over. The final chapter closed on Tuesday when Ripple’s chief legal officer, Stuart Alderoty, announced that the company agreed to drop its cross-appeal with the U.S. Securities and Exchange Commission and will pay a reduced fine of $50 million — considerably lower than the original $125 million imposed penalty. Ripple CEO Brad Garlinghouse revealed that the Securities and Exchange Commission had dropped its appeal in the prolonged case regarding the XRP cryptocurrency. Now, Ripple has also agreed to drop its cross-appeal against the SEC in the US Court of Appeals for the Second Circuit.
SEC vs Ripple Case Settled for $50M
The long-running SEC vs Ripple case has been settled in a dramatic way. Ripple has agreed to drop its cross-appeal against the SEC after the agency decided to withdraw its case against the crypto firm. Under the settlement, the SEC will retain $50 million out of the $125 million penalty levied against Ripple, with the remaining $75 million to be refunded. The SEC will also request the court to lift a previous injunction against Ripple, although the process is still pending final legal processes.
XRP Price Prediction: Could XRP Reach $50 as Global Banks Begin Testing Ripple’s ODL Services?
XRP price prediction is heating up again with global banks now testing Ripple’s ODL services. While XRP has potential, the article also mentions Dawgz AI as a leading coin on the market with wild Trading Bots providing high ROI. The article then focuses on XRP price predictions for the next 5 years, starting with 2026 where the year kicks off with momentum but doesn’t stay consistent.
Ripple SEC Lawsuit Update: Ripple Withdraws Cross-Appeal – What’s Next for XRP?
Ripple’s legal battle against the US Securities and Exchange Commission has reached its final stage, with the cryptocurrency company withdrawing its cross-appeal. Rumors suggest the SEC might request the court to lift the injunction restricting Ripple from selling XRP tokens directly to institutional players. Ripple enthusiasts speculate that if the injunction is lifted, the company could resume institutional sales. Experts provide insights into what this development means for Ripple, the SEC, and the broader crypto market.
