Ripple and SEC Near Resolution in Longstanding Legal Dispute

Ripple pushes for better terms in settlement talks as SEC shifts its approach to cryptocurrency enforcement.

Ripple Labs and the SEC are reportedly close to resolving their four-year legal battle over the classification of XRP as a security.
Ripple's legal team is negotiating improved terms for the $125 million fine and injunction imposed after the 2023 court ruling.
The SEC, under new leadership, has softened its stance on crypto enforcement, dropping cases against firms like Coinbase and Kraken.
The August 2023 ruling determined XRP sales to institutional clients violated securities laws but spared retail sales from similar classification.
The outcome of this case could set a precedent for cryptocurrency regulation and influence the SEC's future enforcement strategy.