Ripple SEC Lawsuit News: Ripple and SEC File Joint Motion to End the $125M XRP Penalty Dispute
The post Ripple SEC Lawsuit News: Ripple and SEC File Joint Motion to End the $125M XRP Penalty Dispute appeared on BitcoinEthereumNews.com. In a move that could mark the end of one of crypto’s most high-profile legal sagas, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion to settle their long-running XRP lawsuit. The proposal seeks to split a $125 million civil penalty, with $50 million paid to the SEC and the remaining $75 million returned to Ripple. Ripple and SEC Seek Final Closure in XRP Lawsuit According to a court filing dated June 12, 2025, both parties have asked Judge Analisa Torres of the Manhattan District Court to dissolve the injunction imposed on Ripple and approve modifications to the Final Judgment entered in August 2024. The motion also requests the release of $125 million currently held in escrow, which Ripple deposited under a previous order requiring 111% of the civil penalty to be held in an interest-bearing account. The SEC and Ripple have jointly requested a Manhattan court to dissolve the injunction and release the $125 million civil penalty currently held in escrow. Source: Eleanor Terrett via X The settlement would effectively bring an end to the SEC v. Ripple Labs Inc. case, which began in December 2020 when the SEC accused Ripple of conducting unregistered securities offerings through institutional sales of XRP. Legal Twist Follows Years of Back-and-Forth The XRP lawsuit has seen multiple twists since its inception. In July 2023, Judge Torres delivered a partial summary judgment ruling that Ripple’s programmatic XRP sales to retail buyers did not violate securities laws, but institutional sales did. The decision marked a turning point in how U.S. courts view digital asset classifications. The motion proposes paying $50 million to the SEC and returning the remainder to Ripple as part of a broader effort to settle the case and avoid further legal proceedings. Source: Eleanor Terrett via…
The post Ripple SEC Lawsuit News: Ripple and SEC File Joint Motion to End the $125M XRP Penalty Dispute appeared on BitcoinEthereumNews.com.
In a move that could mark the end of one of crypto’s most high-profile legal sagas, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have jointly filed a motion to settle their long-running XRP lawsuit. The proposal seeks to split a $125 million civil penalty, with $50 million paid to the SEC and the remaining $75 million returned to Ripple. Ripple and SEC Seek Final Closure in XRP Lawsuit According to a court filing dated June 12, 2025, both parties have asked Judge Analisa Torres of the Manhattan District Court to dissolve the injunction imposed on Ripple and approve modifications to the Final Judgment entered in August 2024. The motion also requests the release of $125 million currently held in escrow, which Ripple deposited under a previous order requiring 111% of the civil penalty to be held in an interest-bearing account. The SEC and Ripple have jointly requested a Manhattan court to dissolve the injunction and release the $125 million civil penalty currently held in escrow. Source: Eleanor Terrett via X The settlement would effectively bring an end to the SEC v. Ripple Labs Inc. case, which began in December 2020 when the SEC accused Ripple of conducting unregistered securities offerings through institutional sales of XRP. Legal Twist Follows Years of Back-and-Forth The XRP lawsuit has seen multiple twists since its inception. In July 2023, Judge Torres delivered a partial summary judgment ruling that Ripple’s programmatic XRP sales to retail buyers did not violate securities laws, but institutional sales did. The decision marked a turning point in how U.S. courts view digital asset classifications. The motion proposes paying $50 million to the SEC and returning the remainder to Ripple as part of a broader effort to settle the case and avoid further legal proceedings. Source: Eleanor Terrett via…
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