SEC will store 50 million pulsation fine while the rest will return

Ripple and the US Securities and Exchange Commission reached an agreement to stop their long legal battle. Subsequent News last week that SEC would refuse without conditions, Ripple agreed to withdraw his interstitial, chief legal director Stewart alderot said on Tuesday on Tuesday.

The SEC will save $ 50 million from previously introduced $ 125 million – the funds already conducted in the account of the decree, Alderoti said. The rest of the balance will be returned to Ripple.

In addition, Aldrot said the agency is asking the court to raise a standard ban now.

The resolution is still subject to official voting of the commission, finalization of legal documentation and standard court procedures. Upon completion, the case will be closed in full.

The SEC press -secretary refused to comment or confirm the details of the transaction.

This Agreement means the end of a careful four -year legal combat that began in December 2020 when the SEC accused Ripple of conducting unregistered securities offered through Sales XRP. The case has become a key test of how US securities laws apply to digital assets during the SEC Gary Gersler chairman.

Its conclusion also signals a broader shift in Washington’s approach to crypto -regulation.

Since President Donald Trump started his second term in January, the SEC scale its efforts to execute, giving up civil lawsuits against exchanges Base And the croken and signal the potential permit in their case of fraud against the cryptor -entrepreneur Justin Song.

The tendency indicates a more conciliatory regulatory posture that seeks to balance investor protection with the support of innovation in the digital assets space.

View: Trump announces strategic crypto -reserve, including bitcoin, solana, XRP and much more