Ripple, SEC Seek Ruling to Dissolve Injunction, Release $125M

Ripple, SEC Seek Ruling to Dissolve Injunction, Release $125M

Ripple and the SEC have requested court to issue a ruling to “dissolve the injunction,” allow for $50 million fines to go to the regulator.

Ripple, SEC Seek Final Court Approval in XRP Lawsuit: What to Know - WorldNL Magazine

TLDR: Ripple and the SEC submitted a joint motion to modify the XRP judgment. The request includes lifting the XRP injunction and lowering the $125M penalty to $50M. Settlement depends entirely on Judge Torres’ approval; otherwise, appeals may resume. SEC also withdrew key DeFi and custody rules, signaling a broader regulatory pivot. The legal battle between Ripple and the U.S. Securities and Exchange Commission appears to be entering its final…

Ripple and SEC Renew Efforts to Resolve Long-Running XRP Lawsuit – Legal Bitcoin News

Ripple and the SEC have reignited efforts to end their dispute over XRP, aiming to dissolve the final injunction, unlock $125 million, and cement a long-awaited settlement. Ripple and SEC Push Court to Finalize XRP Case, Dissolve Final Injunction and Free Escrowed Funds The U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. jointly […]

Ripple and the SEC Move Closer to a Settlement to End Their Long-Running Legal Dispute - The Cryptocurrency Post

TL;DR Ripple and the SEC are seeking to close their legal dispute with a settlement that includes a final $50 million fine and the return of $75 million to the company. Judge Analisa Torres will have to decide whether to lift the order imposed in 2024 to release the escrowed funds and formalize the agreement between both parties. The SEC has started dropping cases against Coinbase, Consensys, and Kraken, signaling a strategic shift that also af…

XRP Lawsuit Twist: Ripple and SEC Request End of Injunction — Bullish Signal for XRP? - Crypto News Flash

Ripple and the SEC submitted a request to the U.S. District Court asking Judge Torres to lift the long-standing injunction against Ripple’s sales. The news of the settlement has not significantly impacted XRP’s price, which is currently at $2.12. In an effort to bring an end to their years-long courtroom battle, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have jointly refiled their request for an indicative ruling, this tim…

Ripple, SEC Push For Settlement In Long-Running Legal Fight - FinanceFeeds

Ripple and the U.S. Securities and Exchange Commission are once again trying to settle their years-long legal battle, proposing a new plan to split a $125 million fine after a judge rejected their previous attempt. In a joint court filing Thursday, both sides asked the Southern District of New York to approve a revised deal that would dissolve an injunction against Ripple and split the penalty — $50 million to the SEC and $75 million to Ripple. …