The SEC will hold $50 million of the Ripple penalty and return the remaining amount to complete the case.

Foreks - Ripple has reached an agreement with the U.S. Securities and Exchange Commission (SEC) to end their long-standing legal battle over allegations of offering unregistered securities. According to Stuart Alderoty, the company’s chief legal officer, Ripple has agreed to withdraw its cross-appeal following the news last week that the SEC would unconditionally withdraw its appeal.

Alderoty noted that the SEC will retain $50 million of the previously imposed $125 million fine, with the remaining balance being returned to Ripple. He also mentioned that the agency will request the court to lift the currently enforced standard injunction. The decision remains subject to a formal commission vote, completion of legal documents, and standard court procedures. Once these processes are finalized, the case will be fully resolved.