Ripple Labs Inc. and the U.S. Securities and Exchange Commission have formally dismissed all legal appeals, ending their multi-year court battle. As part of the final settlement terms, Ripple has agreed to pay a $50 million civil penalty and will receive approximately $75 million in previously escrowed funds returned by the regulatory body.
Crucially, the resolution maintains the court’s original designation that XRP token sales through programmatic channels do not constitute securities offerings. This clarification provides long-sought regulatory certainty for XRP’s status, effectively differentiating exchange-based sales from direct institutional transactions.
Market reaction was immediately positive following the announcement, with XRP’s value surging 12% and daily trading volume reaching $9.54 billion. The court closure eliminates significant uncertainty that had surrounded the cryptocurrency since the SEC initially filed suit in late 2020.
The settlement frees Ripple from ongoing litigation constraints, allowing the company to pursue operational expansion without legal overhang. Industry analysts suggest this precedent could significantly influence future regulatory approaches toward cryptocurrency sales and exchange listings across the broader digital asset market.