Ripple & SEC Aim for $125 Million Settlement to End Long-Running Lawsuit

In a significant move towards resolving the lengthy legal battle with the SEC, Ripple and the agency have jointly filed a motion requesting Judge Analisa Torres of the Southern District of New York to approve an injunction and release a $125 million civil penalty held in escrow. This proposed settlement would mark a crucial turning point in the high-profile case that has spanned nearly four years.