Ripple Reaches Settlement with SEC: Signaling End of High-Stakes Legal Battle

After five years of legal wrangling, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have reached a settlement agreement that could mark a turning point for cryptocurrency regulation in the U.S. The $125 million deal includes a financial payment to the SEC and the return of funds previously escrowed by Ripple. This marks a significant shift away from the ongoing legal battle and opens doors for future clarity regarding XRP’s classification as a currency.