Ripple’s CLO Drops Final Update on XRP vs SEC Case Ever: ‘That’s all folks!’

2025-3-26 02:19

Huge news about Ripple vs SEC case dropped today as the XRP price remained mostly flat in the $2.40 – $2.45 range.

Ripple has agreed to pay a reduced fine of $50 million out of the original $125 million penalty imposed by Judge Analisa Torres last year. The remaining $75 million will be refunded to Ripple from the escrow account.

The End of a Long Legal Journey

Stuart Alderoty, Ripple’s Chief Legal Officer, has shared what he believes will be the final update in the company’s legal battle with the Securities and Exchange Commission. The news comes after years of intense legal proceedings that have kept the cryptocurrency community on edge.

The two parties have reached a mutual agreement to end their legal disputes. The SEC will drop its appeal without any conditions, and Ripple has agreed to withdraw its cross-appeal. This means both sides are essentially calling a truce in their long-running conflict.

The final crossing of t’s and dotting of i’s – and what should be my last update on SEC v Ripple ever…

Last week, the SEC agreed to drop its appeal without conditions. @Ripple has now agreed to drop its cross-appeal. The SEC will keep $50M of the $125M fine (already in an…

— Stuart Alderoty (@s_alderoty) March 25, 2025

Under the terms of the settlement, the SEC will keep $50 million of the original $125 million fine. This money is already held in an interest-bearing escrow account. The remaining $75 million will be returned to Ripple. Additionally, the SEC will ask the court to lift the standard injunction it previously imposed on the company.

What This Means for Ripple and the Crypto Industry

The resolution is not yet final. It still requires approval from the SEC Commission, drafting of final legal documents, and standard court processes. However, the agreement represents a huge turning point for Ripple, which has been fighting the SEC’s allegations since 2020.

This case has been more than just a legal battle for Ripple. It was a crucial fight about how cryptocurrency should be classified and regulated. The mutual agreement suggests a potential path forward for crypto companies navigating complex regulatory environments.

For now, Alderoty seems relieved. His final tweet about the case – “That’s all folks!” – captures the sense of closure after years of legal challenges.

Read also: Expert Predicts XRP Lawsuit Wrap-Up: Here’s When the SEC Will Announce Dropping Its Appeal

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Ripple (XRP) на Currencies.ru

$ 1.9973 (-0.69%)
Объем 24H $8.431b
Изменеия 24h: 9.54 %, 7d: -2.23 %
Cегодня L: $1.9789 - H: $2.0833
Капитализация $116.391b Rank 4
Цена в час новости $ 2.4455 (-18.33%)

ripple sec case million xrp fine range

Источник: captainaltcoin.com

ripple sec → Результатов: 126


Ripple отзывает встречную апелляцию и получит $75 млн компенсации от SEC

Главный юрисконсульт Ripple Стюарт Алдероти (Stuart Alderoty) сообщил, что компания согласилась отозвать встречную апелляцию в деле против Комиссии по ценным бумагам и биржам США (SEC), и ей будет возвращено около $75 млн из суммы, установленной судебным решением в августе 2024 года.

2025-3-26 11:54


Гарлингхаус объявил о завершении многолетнего противостояния Ripple и SEC

Комиссия по ценным бумагам и биржам (SEC) прекращает четырехлетнюю тяжбу с Ripple, заявил глава компании Брэд Гарлингхаус (Brad Garlinghouse). Многолетний правовой конфликт американского регулятора с ведущей криптовалютной компанией завершается во время администрации Трампа.

2025-3-19 16:58


Фото:

SEC to hold key meeting today: will Ripple finally reach a settlement?

The cryptocurrency market is on edge as the US Securities and Exchange Commission (SEC) prepares for a crucial closed-door meeting today, February 13, 2025. While the session falls under the Sunshine Act, meaning discussions remain private, speculation is rife about its potential implications for Ripple and the wider digital asset sector. With XRP’s price movements […]

2025-2-13 07:51


Джон Рид Старк: Суд ошибся с делом Ripple

В преддверии слушаний по делу американской компании Ripple, которые должны состояться 15 января 2025 года, бывший поверенный Комиссии по ценным бумагам и биржам США (SEC) усомнился в правильности предыдущего решения суда о статусе выпускаемой этой компанией криптовалюты XRP.

2024-12-22 13:51


Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling

Stuart Alderoty, Ripple’s chief legal officer, said “the SEC can’t submit new evidence or ask us to produce more” Ripple’s Form C requests that each issue is subjected to a de novo standard of review Ripple’s cross-appeal follows a week after the SEC filed its cross-appeal against a previous ruling that partially favored Ripple Ripple […] The post Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling appeared first on CoinJournal.

2024-10-26 15:27


Глава Ripple о новой апелляции SEC: «Будем бороться столько, сколько потребуется»

Комиссия по ценным бумагам и биржам США (SEC) подала апелляцию на решение суда по делу против Ripple, что вызвало резкую реакцию руководства компании. Глава Ripple Брэд Гарлингхаус (Brad Garlinghouse) заявил о готовности продолжать борьбу в суде.

2024-10-3 09:10


Why Ripple May Never Deliver Substantial Profit Despite a Win Against SEC: XRP Bulls Eye This 30% Short-Term Move

The legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) has been a long and arduous one, with both sides presenting their arguments in court. As the case nears its conclusion, many in the XRP community are speculating about the potential impact a favorable ruling for Ripple could have on the price […] The post Why Ripple May Never Deliver Substantial Profit Despite a Win Against SEC: XRP Bulls Eye This 30% Short-Term Move appeared first on CaptainAltcoin.

2024-5-4 21:45


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