A recent motion from Ripple and the SEC in the ongoing lawsuit seeks to resolve the case through a joint action, potentially ending the lengthy legal dispute. The motion aims to dissolve the injunction on their previous $125 million civil penalty now held in escrow. This action stems from both parties’ desire to avoid further litigation and capitalize on changing regulatory attitudes at the SEC. A proposed split of funds – $50 million for the SEC and $75 million for Ripple – under Federal Rules 60(b)(6) and 62.1, serves as a basis for this request. A former SEC official, Marc Fagel, weighed in on the matter, stating that this move is likely part of the parties’ strategy to avoid appealing the case. The motion comes at a time where regulatory views are shifting, aiming to prevent future disputes while addressing existing appeals in the Second Circuit Court of Appeals. This latest development could potentially expedite the resolution process and remove lingering legal uncertainty surrounding Ripple’s XRP cryptocurrency.