Key Takeaways
The SEC’s case against Ripple is expected to conclude soon as negotiations continue.
Ripple’s legal team is seeking changes to a court ruling to avoid a $125 million fine.
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The years-long legal battle between the US SEC and Ripple Labs is nearing resolution, as both sides negotiate the details of the August district court ruling, FOX Business journalist Eleanor Terrett reported Wednesday, citing two sources with knowledge of the matter.
🚨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— Eleanor Terrett (@EleanorTerrett) March 12, 2025The SEC has withdrawn numerous lawsuits against crypto companies over the past few weeks. These include Coinbase, Gemini, Robinhood, Uniswap Labs, Kraken, and OpenSea. The securities watchdog and Consensys also reached an agreement to dismiss the securities enforcement case concerning MetaMask.As for Binance, the crypto firm and the SEC filed a joint motion to pause their ongoing litigation for 60 days. The regulator also paused its civil fraud lawsuit against Justin Sun, with both sides reportedly seeking a resolution.However, the SEC-Ripple case remains unresolved, with settlement talks delayed due to ongoing negotiations over the terms of the August court decision, which ordered Ripple to pay a $125 million fine and imposed a permanent injunction preventing the company from selling XRP to institutional investors.Ripple is arguing that if the SEC’s new leadership is reconsidering its enforcement approach and giving other crypto firms a fresh start, it should not have to accept penalties based on past regulatory uncertainty.Since there is no clear precedent for handling such a situation, the resolution is taking longer than expected.
