After months of legal battles, Ripple and the U.S. Securities and Exchange Commission (SEC) have finally reached a settlement agreement regarding their ongoing case concerning XRP. While whispers of an impending deal surfaced earlier this week, today marks the official confirmation from the SEC itself. 50 million USD will be paid by Ripple to the SEC as part of the $125 million penalty agreed upon. The remaining amount will be returned to Ripple. Notably, both sides have dropped their appeals, contingent on the court lifting the injunction that has been placed on Ripple for months. The settlement agreement is a significant development in this long-standing dispute.