Ripple Lawsuit News: SEC Says XRP Case Still Under Appeal While Ripple Claims It’s Settled

BitcoincomNews

2025-04-09 06:16:04

XRP1.51%

In what may be the final chapter of the long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), Ripple CEO Brad Garlinghouse recently claimed that the case has been settled. According to Ripple’s Chief Legal Officer (CLO), the SEC has dropped its appeal, while Ripple has also decided to drop its cross-appeal. Additionally, Ripple will now only pay a $50 million fine, a significant reduction from the original $125 million penalty proposed earlier.

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