{"id":19247,"date":"2025-03-26T19:02:39","date_gmt":"2025-03-26T19:02:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19247"},"modified":"2025-03-26T19:02:39","modified_gmt":"2025-03-26T19:02:39","slug":"lets-look-at-the-aftermath-of-the-ripple-v-s-sec-50m-settlement-marks-new-chapter","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19247","title":{"rendered":"Let\u2019s Look At The Aftermath Of The Ripple v\/s SEC: $50M Settlement Marks New Chapter"},"content":{"rendered":"
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Ripple Labs and the US Securities and Exchange Commission (SEC) have finally settled the legal battle that began in December 2020. On 25 March 2025, Ripple announced<\/a> that it had dropped its cross-appeal against the SEC and consented to pay $50 million in fines, with the SEC retaining funds already held in escrow.<\/div>\n

Initially, Judge Torres\u2019s ruling at the district appellate court in July 2023 found that XRP sales to retail investors did not fall under securities except for institutional investors and had imposed a reduced fine of $125 million, much less than the SEC\u2019s request of $1.9 billion. Also, the court imposed an injunction that prevented the company from selling XRP to institutions.<\/p>\n

Now, with Ripple agreeing to pay the reduced fine, both parties have agreed to drop their respective appeals, effectively bringing this case to a close.<\/p>\n

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The final crossing of t\u2019s and dotting of i\u2019s \u2013 and what should be my last update on SEC v Ripple ever\u2026<\/p>\n

Last week, the SEC agreed to drop its appeal without conditions. @Ripple<\/a> has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an\u2026<\/p>\n

\u2014 Stuart Alderoty (@s_alderoty) March 25, 2025<\/a><\/p>\n<\/blockquote>\n