Ripple Secures Victory: SEC Requesting Injunction Vacate in Lawsuit

Ripple’s recent Q1 2025 XRP Markets Report sheds light on an important legal development as the company continues to navigate its ongoing lawsuit with the SEC. The report reveals that the SEC has agreed to request the court vacate the injunction, a significant victory for Ripple and the broader crypto industry. [Details of the SEC’s actions and Ripple’s response are discussed in this article.]** This outcome follows Ripple’s decision to withdraw its own cross-appeal in the case. The report further details that the SEC is requesting a reduced penalty of $50 million, pending SEC Commission approval.

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