$ 103,751.3
$ 3,460.95
$ 0.5817
$ 987.29
$ 163.27
Aug 8, 2025
by Sujit Kumar
Ripple Declares "Back to Business" Following SEC Settlement
Table of contents
Ripple has officially declared its intent to get "back to business" after reaching a settlement that concludes its prolonged legal dispute with the U.S. Securities and Exchange Commission (SEC). The announcement came from Ripple's chief legal officer, Stuart Alderoty, shortly after both parties filed a joint dismissal of their appeals. This final action brings to a close a legal battle that has lasted for several years and had significant implications for the cryptocurrency market.
Settlement and Terms of Resolution
[embed]https://www.twitter.com/s_alderoty/status/1953573082821799981[/embed]
The conclusion of the lawsuit was initiated by a settlement agreement in late March. The terms of this agreement included a $125 million civil penalty for Ripple and a permanent injunction that prohibits the company from selling XRP to institutional investors within the United States. Following the settlement, Ripple decided to drop its cross-appeal against the SEC in late June, after a judge rejected its motion to amend her final ruling based on the settlement terms. This joint dismissal marks the definitive end of the litigation and clears the path for Ripple to move forward.
Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more
than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.