The lawsuit against Ripple, initiated by the SEC in December 2020, is concluding. A joint motion has been filed by both parties to release $125 million held in escrow for settlement costs. Of this amount, $50 million would be allocated to the SEC as a civil penalty against Ripple, while $75 million is set to be returned to Ripple, pending court approval. This resolution aims to avoid further appeals and finalize years of litigation, marking a significant point for cryptocurrency regulations in the U.S. Judge Analisa Torres had previously ruled in July 2023 that secondary XRP token sales did not constitute securities sales. Following the SEC's dissatisfaction with the case results, they appealed in October 2024. Ripple announced the resolution via social media in March 2025, ceasing its appeal against the SEC and allowing the firm to retain $75 million of the penalty. Ending the litigation is viewed as a victory for the cryptocurrency industry, enhancing its legal standing in the U.S.

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