Ripple Agrees to $50M Fine in SEC Settlement

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have agreed to halt all appeals in their ongoing legal battle to pursue a settlement, which includes Ripple paying a reduced $50 million fine potentially in its native XRP token. This agreement follows the SEC's decision to drop its appeal and Ripple's choice not to pursue a cross-appeal after a favorable ruling that XRP sales to retail investors were not considered securities. Both parties have filed a motion with the Court of Appeals requesting a 60-day pause to finalize the settlement terms and seek SEC approval. This case, one of the most significant in crypto history, has implications for U.S. crypto policy and reflects a shift towards a more favorable regulatory environment under new SEC leadership. If the settlement is approved, it will mark the end of a multi-year legal conflict and could influence future SEC approaches to cryptocurrency regulation.