Ripple and the SEC have officially withdrawn their appeals in a nearly five-year legal dispute, finalizing $125 million in penalties and imposing a regulatory injunction on institutional XRP sales, paving the way for business resumption.
On August 7, 2025, Ripple Labs and the SEC ended their legal appeals, concluding a nearly five-year dispute. The SEC withdrew its challenge to a 2023 ruling on XRP public exchange sales, while Ripple dropped its appeal concerning institutional XRP sales violations. The settlement finalized $125 million in penalties, with $50 million to the US Treasury and $75 million returned to Ripple, and maintained a permanent injunction on institutional XRP sales without proper securities compliance. The resolution, influenced by recent political shifts and a softened SEC stance, spurred a 13% surge in XRP trading.