$XRP Settles #SEC Lawsuit for Just $50M as Regulatory Era Shifts


#Ripple will pay only $50 million to settle the SEC's long-running lawsuit, far below the initial $1.3 billion claim.


The settlement agreement was officially filed on Thursday, requiring Judge Analisa Torres' final approval.


$XRP responded positively to the news, rising 8% to $2.30 and maintaining its position as the fourth-largest cryptocurrency.


The SEC will retain $50 million from the original $125 million fine ordered last year, with the remaining $75 million returning to Ripple.


This resolution follows Judge Torres's 2023 ruling that programmatic sales of $XRP to retail investors did not qualify as securities.


The settlement reflects the SEC's softer stance toward #crypto under President Trump's administration, which has discontinued numerous industry lawsuits.


Ripple executives Brad Garlinghouse and Chris Larsen were named in the original complaint, which alleged unregistered securities sales through $XRP.

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May 09, 2025 at 1:41 PM
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