28.06.2025 06:23

Ripple Labs has ended its protracted legal dispute with the U.S. Securities and Exchange Commission (SEC), choosing to forgo a cross-appeal. This announcement, made by CEO Brad Garlinghouse on X (formerly Twitter), brings to a close a years-long battle that significantly impacted the cryptocurrency market. The company's decision follows the rejection of a proposed settlement by Judge Analisa Torres of the Southern District of New York.

Judge Torres twice dismissed settlement proposals from both Ripple and the SEC, most recently rejecting a deal that would have reduced Ripple's penalty to $50 million and lifted a permanent injunction. Her rationale centered on the continued risk of Ripple violating securities laws, a concern underpinning the original injunction. She questioned the logic of removing the injunction, which serves as a deterrent against future violations, highlighting the court's assessment of a "reasonable probability" of continued non-compliance.

The SEC's anticipated withdrawal of its own appeal further solidifies the end of the litigation. Consequently, Ripple will accept the original $125 million civil penalty, leaving the permanent injunction intact. This marks a decisive conclusion, allowing Ripple to refocus its energy on its core business. While XRP, Ripple's cryptocurrency, experienced a minor increase following the news, the long-term implications of this legal resolution remain to be seen. The news arrives from internet sources.

Ripple's decision represents a calculated move to avoid further protracted legal battles and the associated costs and uncertainties. By accepting the initial ruling, the company prioritizes stability and the opportunity to concentrate on future growth and development within the burgeoning digital asset landscape. The future will reveal how this significant court decision shapes the broader regulatory environment surrounding cryptocurrencies in the United States.