SEC and the US government will win $50 million from Ripple each with XRP?

Table of Contents

Ripple CEO Brad Garlinghouse came to Fox Business and spoke about the end of his legal battle with the SEC as the new Securities and Exchange Commission Chairman has been final and officially appointed.

He spoke about the important things, but it was mainly a recent positive change in the US government’s crypto stance, and he also nominated that he has yet to clarify Crypto’s key areas and its regulations.

Ripple enters the next stage in the crypto market

In a recently published tweet, Ripple boss Garllinghouse thanked Fox Business host Liz Claman for interviewing him this week, discussing the end of the SEC incident along with the future of US crypto industry regulations.

Back with @lizclaman, we’re talking about the historic acquisition of Prime Broker Hidden Road in Ripple and what this means for the broader crypto market as the US takes a new leadership and a much-needed pro-approach approach. Moving beyond the SEC war in Crypto… https://t.co/6zpkkmg9og
– Blood Girlinghouse (@bgarlinghouse) April 11, 2025

They also discussed Ripple’s recent acquisition of Hidden Road. It was purchased for nearly $2 billion and constituted one of the biggest acquisitions in Crypto Space history. He said a year ago that such purchases would make no sense under hostile crypto attitudes from regulators like the SEC and the IRS. But things are changing now.

Garlinghouse said Ripple is “overcoming the SEC’s crypto war and entering the next stage of the market.”

Here’s what stems from the $125 million fine:

During the course of the interview, Gerlinghouse emphasized that the SEC case was ultimately over when the new administration came to regulators. He strongly believes that Gary Gensler’s SEC is “on the wrong side of the law” with his hostile view of the crypto space and the actions they have done against it.

Regarding the $125 million fine, which Ripple intended to pay the fine to Gensler’s SEC rather than the billions the SEC needed, Ripple CEO said the company put that total in escrow for future payments. But now, things have changed radically, and with the interest they have acquired, they are regaining the maximum amount of those funds.

Garlinghouse said the SEC still gets $50 million out of that amount, the US government has another $50 million, and Ripple is currently negotiating for it to take place in XRP rather than in dollars.