Ripple, SEC Propose $125M Resolution to Close the Books on XRP Lawsuit
Ripple and the U.S. Securities and Exchange Commission are taking steps to formally conclude their multi-year legal battle, asking a federal court to approve a joint motion to release $125 million currently held in escrow.
The agreement would allocate $50 million to the SEC and return $75 million to Ripple, according to court documents filed under Rules 60(b)(6) and 62.1. The motion describes the resolution as necessary given “exceptional circumstances,” including shifting policy dynamics and the cost of continued appeals.
This move aims to halt all remaining litigation stemming from the SEC’s 2020 lawsuit accusing Ripple of unregistered securities sales. Ending the case now would eliminate pending appeals and avoid further court proceedings stretching into 2026.
Should the court grant approval, it would mark a final chapter in a saga that has shaped regulatory discourse in crypto. Market observers expect the resolution to bolster confidence in XRP and potentially support future tokenized finance efforts tied to Ripple’s ecosystem.
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