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The U.S. SEC and Ripple Labs have filed a joint motion seeking an indicative ruling from Judge Analisa Torres to enforce the terms of a newly signed settlement agreement.
This comes after the SEC officially approved the agreement during a closed-door session on May 8, 2025, more than a month after Ripple and its top executives, Brad Garlinghouse and Chris Larsen, signed the deal on April 23, 2025.
The settlement significantly reduces Ripple’s financial penalty from $125 million to $50 million. It also seeks to vacate the permanent injunction previously imposed on Ripple’s future sales of XRP.
If the court agrees, Ripple gets back $75 million from escrow. This agreement shows a major shift, with both sides compromising to end their long legal fight.
Related: Ripple Scraps XRP Reports Post-SEC Case, Sw…
The post SEC and Ripple Strike Settlement: What’s Inside the New Deal? appeared first on Coin Edition.
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