US Edition$XRP Pumps As SEC Files For Ripple Lawsuit Settlement – Is It Actually Game Over?
- On May 8, 2025, the SEC and Ripple jointly submitted a settlement letter to the Southern District Court in New York City requesting the dissolution of the August 2024 injunction against Ripple.
- This filing follows the SEC's December 2020 lawsuit accusing Ripple of unlawfully offering unregistered securities and a final judgment from August 2024 ordering Ripple to pay $125 million in penalties.
- The letter requests that $50 million of the $125 million penalty be paid to the SEC and that the remaining funds held in escrow be returned to Ripple as part of the settlement agreement.
- SEC Commissioner Caroline Crenshaw and legal experts warned the settlement would weaken the court’s role and create a regulatory vacuum until new crypto rules are established.
- If approved by Judge Torres, the settlement would end the enforcement action and appeals, but it may leave regulatory uncertainty surrounding XRP’s status pending further rulemaking.
18 Articles
18 Articles
SEC Moves To Conclude XRP Lawsuit
Following more than three years of legal disputes, the U.S. Securities and Exchange Commission (SEC) is reportedly nearing completion of its lawsuit against Ripple Labs. Following a recently suggested settlement, this evolution marks the end of one of the most closely watched cases in crypto history. A Three-Year War Draws To A Finish First launched in December 2020, the complaint accused Ripple Labs and two of its executives, Brad Garlinghouse …
SEC’s Crenshaw warns Ripple settlement may create regulatory gap
SEC’s Crenshaw warns Ripple settlement may create regulatory gap May 9, 2025 https://cryptotvplus.com/2025/05/secs-crenshaw-warns-ripple-settlement-may-create-regulatory-gap/A crypto-skeptical SEC commissioner has taken aim at the agency for issuing a settlement letter that could mark the end of its legal battle with Ripple. According to Commissioner Caroline Crenshaw, the Ripple settlement—if the court approves it—would strike another blow to t…
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