- Ripple disputes $125 million fine, seeking favorable terms amid SEC’s regulatory shift.
- SEC withdrawing lawsuits signals a possible change in crypto regulations under new leadership.
- Ripple’s legal team aims to resolve the injunction and appeal Judge Torres’ ruling.
FOX Business journalist Eleanor Terrett reports that the legal battle between Ripple Labs and the U.S. SEC is nearing a resolution. Settlement talks are underway, following the August district court ruling – a partial victory for Ripple. But sources reveal there still remains a sticking point: the $125 million fine.
SCOOP: Two well-placed sources tell me that the @SECGov vs. @Ripple case is in the process of wrapping up and could be over soon.
My understanding is that the delay in reaching an agreement is due to Ripple’s legal team negotiating more favorable terms regarding the August…
— Eleanor Terrett (@EleanorTerrett) March 12, 2025
The major hurdle, according to insiders, is Ripple’s objection to the $125 million fine imposed by Judge Analisa Torres in July 2023. While significantly less than the SEC’s original $2 billion demand, Ripple’s legal team is fighting for better t…
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