Ripple has dropped its appeal against the U.S. Securities and Exchange Commission after paying $50 million of the $125 million penalty tied to its long-running lawsuit, according to a detailed statement posted by Stuart Alderoty,

Ripple Labs has agreed to pay a $50 million fine to end the SEC’s years-long investigation into the trading of XRP.

Ripple CEO Brad Garlinghouse recently gave XRP holders some long-awaited good news: The Securities and Exchange Commission (SEC) has dropped its lawsuit against the company. XRP has advanced more than 10% since the announcement, but some investors think the next stop is $5. That implies more than 100% upside from its current price of $2.45.

Ripple Labs agreed to settle a U.S. Securities and Exchange Commission civil lawsuit over the alleged sale of unregistered securities and pay just $50 million of a previously imposed $125 million fine,

New York judge Analisa Torres ordered Ripple to pay the regulator a $125 million fine for violating securities laws through institutional sales of XRP.

Ripple Labs and the SEC also settled on March 25, 2025, to conclude their long-running court fight. Under the settlement, Ripple will be paying a reduced fine of $50 million, reduced from the initial $125 million fine,