Ripple vs. SEC Lawsuit Update: Settlement Details, Final Timeline, and What’s Next

The long-running legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple is finally nearing its end. After years of courtroom clashes, uncertainty, and heated debates, both sides have now decided to drop their appeals—bringing this high-stakes case to its final chapter.

As part of the settlement, the SEC will keep $50 million of the original $125 million fine, which has been held in an interest-bearing escrow account. The remaining amount will be returned to Ripple.

The SEC has also agreed to request the court to lift the injunction it had previously imposed on Ripple. However, before the agreement is finalized, it must go through a Commission vote, final document drafting, and standard court procedures.

Here’s everything you need to know.

Reactions: Frustration, Relief, and Debate

Attorney Fred Rispoli reacted quickly to Ripple’s legal chief Stuart Alderoty’s update. While he expressed sympathy for the SEC lawyers who worked tirelessly on the case, he also noted their years of effort were now “wiped out in an instant.”

Meanwhile, many users on social media platform X argued that the true victims were Ripple and XRP holders. They endured years of uncertainty, stress, and financial losses due to the lawsuit.

When Will the Case Officially Close?

Rispoli has provided a timeline for the final steps. According to him, the legal paperwork is already prepared, and now they are waiting for the SEC Commission’s vote, which is expected within 30 days.

Once approved, the SEC will file to lift the injunction, and Ripple will not oppose it. After the judge signs off, the case will be officially closed—likely within 60 days.

Rispoli emphasized how close the case is to its conclusion, stating, “At most, we are 60 days out from this being 100%, formally, legally, and spectacularly over.”

For Ripple and XRP holders, this resolution could finally bring much-needed clarity after years of legal battles. The outcome may also set an important precedent for how regulators handle cryptocurrencies moving forward.

It took time, money, and endless debate, but in the end, the Ripple-SEC fight is wrapping up—not with a bang, but with a long, overdue sigh of relief.