After years of litigation, Ripple’s legal battle with the SEC has reached a resolution. The company agreed to drop its cross-appeal against the regulator, ending a dispute that began in December 2020 and significantly impacted the crypto industry. As part of the settlement, Ripple will pay $50 million, which is less than the initial $125 million fine imposed by the SEC. The remaining $75 million will be refunded to the company. The SEC will also request a court order lifting the injunction previously placed on Ripple regarding its institutional sales. While this settlement marks a significant step forward, it does not signify an admission of wrongdoing from Ripple’s perspective. The deal is subject to formal SEC review and final approval by the court.