XRP News Today: Ripple SEC Settlement Proposal Seeks $125 Million Release

In a pivotal moment for the cryptocurrency industry, Ripple and the U.S. Securities and Exchange Commission (SEC) have jointly submitted a motion to Judge Analisa Torres of the Manhattan District Court. This motion, filed under Case No. 1:20-cv-10832-AT-SN, seeks the dissolution of the injunction on XRP sales and the release of a $125 million civil penalty currently held in escrow. This development represents a significant step towards resolving a dispute that has lasted nearly four years and has been closely watched by the crypto community and market observers.

The proposed settlement terms stipulate that Ripple would pay $50 million directly to the SEC, while the remaining $75 million from the escrowed funds would be returned to the company. This joint proposal aims to resolve all outstanding issues without the need for further litigation or appeals. If approved, the settlement would not only conclude one of the most high-profile enforcement cases in crypto history but also potentially set a precedent for future regulatory actions in the digital asset space.

The implications of this resolution are far-reaching. A final settlement could lift the legal uncertainty surrounding XRP, Ripple's native cryptocurrency, and provide clarity on how digital assets are treated under U.S. securities law. This clarity could pave the way for renewed momentum for XRP in both regulatory and market contexts, as the crypto community and market observers await the court's response. With this filing, Ripple and the SEC have signaled their readiness to put the lengthy dispute behind them, potentially leading to broader regulatory clarity and a more stable environment for digital assets.

The motion was reviewed by Bill Morgan, a legal supporter of XRP, who expressed optimism that it would be approved by Judge Torres. The joint motion also seeks to release $125 million, which has been a contentious point in the prolonged dispute. The court filing dated June 12, 2025, indicates that both parties are eager to move forward and resolve the case, which has been a focal point for the crypto community and market observers alike.

The legal battle between Ripple and the SEC has been contentious, with both parties presenting their arguments and evidence over the years. The SEC has argued that XRP should be classified as a security, while Ripple has maintained that it is a currency. The outcome of this case could have far-reaching implications for the broader crypto industry, as it could set a precedent for how digital assets are regulated in the future.

The crypto community and market observers are closely watching the developments in this case, as it could have a significant impact on the future of digital assets. The resolution of this dispute could provide much-needed clarity on the regulatory landscape for digital assets, which has been a source of uncertainty for many in the industry. With the joint motion now awaiting Judge Torres' approval, the crypto community is hopeful that this long-running case will finally come to an end, providing a clearer path forward for the industry.