SEC and Ripple Strike Settlement: What’s Inside the New Deal?
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- SEC & Ripple seek Judge Torres’ approval for a new settlement, signed after SEC’s May 8 green light
- The deal cuts Ripple’s fine to $50M (was $125M), lifts XRP sales ban, returns $75M escrow to Ripple
- Legal experts like Filan, Deaton are optimistic for approval, with case appeals currently paused
The U.S. SEC and Ripple Labs have filed a joint motion seeking an indicative ruling from Judge Analisa Torres to enforce the terms of a newly signed settlement agreement.
This comes after the SEC officially approved the agreement during a closed-door session on May 8, 2025, more than a month after Ripple and its top executives, Brad Garlinghouse and Chris Larsen, signed the deal on April 23, 2025.
Settlement Slashes Ripple Fine, Lifts XRP Sales Ban
The settlement significantly reduces Ripple’s financial penalty from $125 million to $50 million. It also seeks to vacate the permanent injunction previously imposed on Ripple’s future sales of XRP.
If the court agrees, Ripple gets back $75 million from escrow. This agreement shows a major shift, with both sides compromising to end their long legal fight.
Related: Ripple Scraps XRP Reports Post-SEC Case, Sw…
The post SEC and Ripple Strike Settlement: What’s Inside the New Deal? appeared first on Coin Edition.
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