Ripple Labs Inc. and the U.S. Securities and Exchange Commission (SEC) have resolved their protracted legal dispute through a $125 million settlement. The agreement ends multi-year litigation, with Ripple CEO Brad Garlinghouse confirming the resolution.
The settlement amount falls below initial SEC demands, reflecting a pragmatic approach to avoid extended legal costs and uncertainties. This outcome signals a potential shift in regulatory strategy under new SEC leadership, favoring negotiated resolutions over aggressive litigation.
Following the announcement, XRP’s price surged significantly, demonstrating renewed market confidence. Analysts suggest this may catalyze increased institutional investment in the cryptocurrency sector.
The resolution is expected to enhance regulatory clarity for U.S. cryptocurrency projects, fostering a more conducive environment for blockchain innovation and industry growth.