<ul><li>Ripple and the SEC have settled their legal dispute with Ripple agreeing to pay a $50 million penalty, significantly lower than the initial $2 billion fine and last year's $125 million.</li><li>The lawsuit started in 2020 over whether XRP sales were unregistered securities offerings. XRP surged 8.7% after news of the settlement.</li><li>The final resolution reflects the SEC's softened stance on crypto under the Trump administration. SEC Commissioner Caroline Crenshaw criticized the deal for undermining investor protection.</li><li>The SEC's case against Ripple began in 2020, and a federal court ruled in 2023 that XRP's institutional sales violated securities laws. The settlement comes after the change in the agency's approach towards cryptocurrencies.</li></ul>

Ripple and SEC Finally Call Off $1.3 Billion XRP Suit with $50 Million Settlement

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