Ripple settlement reported
One report says Ripple's $125 million SEC settlement has been finalized and that XRP was trading near $1.36 with daily volume above $1.8 billion as the article framed the settlement as removing a long-standing legal barrier. (openpr.com)
Ripple’s fight with the Securities and Exchange Commission is over on paper, but the court’s 2024 judgment still stands. (sec.gov) The Securities and Exchange Commission said on August 7, 2025 that it and Ripple Labs filed a joint stipulation dismissing the agency’s appeal and Ripple’s cross-appeal in the Second Circuit. The agency said that step resolved its civil enforcement action against Ripple, Chief Executive Officer Brad Garlinghouse, and co-founder Christian Larsen. (sec.gov) That matters because some reports describe a new “finalized” $125 million settlement, but the official record shows a narrower sequence. In May 2025, the Securities and Exchange Commission said the parties had agreed to seek court approval to release the $125,035,150 penalty escrow, send $50 million to the agency, and return the rest to Ripple. (sec.gov) The case began on December 22, 2020, when the Securities and Exchange Commission sued Ripple over XRP sales. Judge Analisa Torres entered final judgment on August 7, 2024, imposing a $125,035,150 civil penalty and an injunction against future securities-law violations. (sec.gov; law.justia.com) The split ruling underneath that judgment is why the case kept drawing attention. On July 13, 2023, Judge Torres held that Ripple’s sales of XRP to institutional buyers were unregistered securities offerings, while programmatic sales on exchanges were not securities transactions under her analysis. (nysd.uscourts.gov; cooley.com) The Securities and Exchange Commission also made clear what did not change. Its August 2025 release said that, after the appeals were dismissed, the district court’s final judgment remained in effect. (sec.gov) XRP was trading around this story, but the market numbers move faster than the court docket. CoinGecko’s historical data shows XRP closed at $1.36 on April 10 and April 11, 2026, with daily volume above $2.1 billion on April 11, while April 13 volume was about $1.74 billion in the data snapshot available Monday. (coingecko.com) So the cleanest reading is this: the appeals ended in August 2025, the 2024 judgment stayed in place, and official filings described a path for $50 million to go to the regulator rather than a fresh $125 million payment. (sec.gov; sec.gov)
