Ripple Case Near Close as Appeals Dismissed, $125M Settlement Reached

After years of legal wrangling, the Ripple vs. SEC case is nearing its end. The two parties have jointly dismissed their appeals, leaving only court approval for a formal resolution. As part of the settlement, Ripple will pay $125 million – significantly less than the original $2 billion demand from the SEC – while restrictions on institutional XRP sales remain in place. This landmark decision reaffirms XRP’s classification as not a security, offering crucial clarity to the crypto landscape and setting a precedent for future regulations.