The long-term legal battle between the SEC and Ripple has reached its final stage. Last week, the SEC agreed to remove the appeal without a condition, and Ripple now decided to drop that cross appeal. Under the terms of the agreement, the SEC will retain $50 million of the $125 million fine. This is already held in an escrow account with interest, but the remaining balance is returned to Ripple.
The final crossing of T and the dotting of I – and what is my last update on Sec v Ripple…
Last week, the SEC agreed to remove the appeal without any conditions. @Ripple now agrees to drop that cross appeal. The SEC will maintain a $50 million fine of $125 million (already…
– March 25th, 2025, Stuart Aldeoty (@s_aldeoty)
Additionally, the SEC requires the court to lift standard injunctions imposed earlier in response to the SEC’s request. However, the transaction remains subject to committee voting, drafting final documents and regular court proceedings.
Attorney Fred Rispoli responded quickly to Aldelorie’s post. Rispoli expressed his frustration and sympathy for the SEC lawyer who worked tirelessly in the case. He points out that after all the effort, time and personal sacrifices they have made, they have spent “thousands of hours” and are separated from their families – quickly resolved to what he called them.
However, some X users commented that the actual victims were Ripple Team and XRP holders, suffering from years of stress and financial losses due to the lawsuit.
Fred Rispoli provided an updated timeline for the SEC vs. Ripple case. He shares that the required documents have already been prepared following the announcement of Aldeloty, and is now awaiting a vote by the SEC committee.
The SEC then filed to lift the injunction, and Ripple does not oppose it. Once the judge signs off, the case will be fully resolved within 60 days. Rispoli emphasizes that the case will soon end in a formal, legally “magnificent” way.
Secv. Ripple timeline has been updated
I believe that the documents have already been created with an announcement by @S_Aldeoty.
Now we are waiting for a vote by the SEC committee (less than 30 days).
Next, they will lift the injunction waiting for it to be filed by the SEC. This is not opposed by @Ripple.
– Fred Rispoli (@freddyriz) March 25, 2025
“At best, we have been 60 days since this ended 100%, officially, legally and grandly,” he shared.
This resolution is important for Ripple and XRP holders who are facing uncertainty and volatility due to ongoing litigation. The final decision could bring clarity to the legal situation of XRP and set precedents for how regulators can move forward to other cryptocurrencies.
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