Ripple to Get $75M of Court-Ordered Fine Back From SEC, Drops Cross-Appeal

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Ripple to Get $75M of Court-Ordered Fine Back From SEC, Drops Cross-Appeal

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12:00am, Tuesday, March 25, 2025

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https://www.coindesk.com/policy/2025/03/25/ripple-to-get-usd75m-of-court-ordered-fine-back-from-sec-drops-cross-appeal

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Ripple settles SEC case for $50M

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The proposed settlement, which is subject to commissioner and court approval, comes just a week after the SEC agreed to drop its appeal of U.S. District Court judge Analisa Torres’ 2023 ruling that Ripple’s programmatic sales of XRP to retail exchanges did not violate federal securities laws.

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Last August, New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.

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