TLDR:
- Ripple signed a settlement agreement in April; the SEC followed suit in early May 2025.
- A joint motion seeks court approval to finalize the case with a reduced $50M penalty.
- Legal experts view procedural filings as signals of coordinated efforts to close the case.
- XRP may see regulatory clarity as Ripple aligns with updated SEC digital asset policy.
The long-running legal dispute between Ripple and the SEC appears to be approaching its final stages. Recent court filings and procedural steps suggest that both parties are working closely toward a full resolution.
Moreover, the legal momentum has shifted from active litigation to coordinated motions and negotiated outcomes. This follows a period of back-and-forth appeals and a proposed reduction in financial penalties.
If the current pace holds, the case could reach its conclusion within weeks.
Ripple and SEC Final Motions Signal Agreement
Ripple and the SEC have made several filings in recent months that suggest a mutual desire to settle.
According to legal expert Bill Morgan, Ripple signed the settlement agreement on April 23, 2025, followed by the SEC on May 8. Both parties then filed a motion to pause the ongoing appeal process for 60 days starting April 16.
SEC v Ripple: How the settlement process is going
1. Settlement agreement signed by Ripple parties on April 23, 2025 and by the SEC on May 8, 2025
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2. Parties filed a motion to hold the appeal and cross appeal in abeyance and obtained 60 days abeyance from April 16, 2025 to…
— bill morgan (@Belisarius2020) June 18, 2025
On June 12, they submitted a second joint motion addressing procedural concerns under Rule 60, seeking an “indicative ruling” from U.S. District Judge Analisa Torres. If the court grants this ruling, the parties will request a limited remand from the appellate court to finalize the agreed-upon resolution.
Once the limited remand is granted, Ripple and the SEC plan to file a joint motion for final relief. This includes dissolving the prior injunction and confirming a $50 million penalty, down from the SEC’s initial $125 million demand.
Legal observers believe this reduced fine reflects Ripple’s cooperation and the court’s earlier ruling that XRP sales on public exchanges did not constitute securities.
Attorney James K. Filan reported that Ripple also filed a supplemental letter in support of the indicative ruling, strengthening its legal position. That filing reaffirms Ripple’s commitment to the terms already outlined and aligns with recent regulatory efforts to streamline crypto oversight.
#XRPCommunity #SECGov v. #Ripple #XRP @Ripple has filed a Supplemental Letter in support of the Motion for an Indicative Ruling. pic.twitter.com/yPTTugNIj8
— James K. Filan
Crypto Regulatory Shifts Strengthen Settlement Odds
This legal shift coincides with broader changes in U.S. crypto regulation. Since Trump took office, a new SEC task force has prioritized clarity in digital asset classification.
The move follows 2024 court decisions that approved spot Bitcoin ETFs, setting a precedent for more favorable crypto rulings.
Ripple’s active engagement with the shifting regulatory approach may have helped drive the SEC’s willingness to settle. By aligning with these developments, Ripple positioned itself to close the case without further litigation.
If the court issues the expected ruling and remand proceeds as planned, both parties aim to dismiss their appeals within weeks, as noted by Bill Morgan. The outcome could lift a major legal cloud over XRP, which has faced years of uncertainty since the lawsuit began in 2020.
At press time, XRP trades at $2.17, facing downward pressure evident in the broader crypto market. The token has dropped over the past day and week by 3.41% and 5.15%, respectively. The completion of this lawsuit will undoubtedly affect XRP’s price in the coming days.
The post Ripple vs. SEC Update: XRP Lawsuit Settlement Timeline Takes Shape appeared first on Blockonomi.
Source: https://blockonomi.com/ripple-vs-sec-update-xrp-lawsuit-settlement-timeline-takes-shape/