Ripple, SEC Settle, Dissolve Injunction in XRP Case

Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have reached a proposed settlement in their longstanding legal dispute, with Ripple agreeing to pay $50 million to the SEC and receiving back about $75 million from escrowed funds. The settlement, pending court approval by Judge Analisa Torres, would dissolve the prior injunction and end all appeals, maintaining the court's earlier finding that only Ripple's institutional XRP sales violated securities laws. SEC Commissioner Caroline Crenshaw has strongly criticized the settlement, warning it could undermine regulatory authority and weaken future enforcement. The deal signals a shift in the SEC's approach to crypto regulation following recent leadership changes, moving away from aggressive enforcement. The case's resolution is considered a milestone for Ripple and the broader crypto sector, but has fueled debate about the clarity of the SEC’s regulatory framework. XRP's price rose on the news as markets welcomed the settlement.