Overview

• Ripple Labs and the SEC have agreed to a $50 million settlement, pending approval from Judge Analisa Torres, concluding a lawsuit that began in December 2020.
• The settlement includes the return of $75 million from the $125 million fine imposed on Ripple in 2023 for institutional XRP sales ruled as unregistered securities.
• Both parties have filed to withdraw all appeals and cross-appeals, marking the end of a legal battle that shaped crypto regulation in the U.S.
• The case established a precedent distinguishing institutional token sales, deemed securities, from programmatic retail sales, which were exempted.
• XRP's market price rose approximately 9% following the announcement, reflecting investor optimism over the resolution.