<ul><li>Ripple agreed to abandon its cross-appeal in the lawsuit with the SEC, allowing the SEC to lift the XRP sales ban.</li><li>As part of the settlement, Ripple will pay a $50 million penalty and receive a refund of $75 million.</li><li>The settlement brings the four-year-long legal battle between Ripple and the SEC closer to a conclusion.</li><li>Ripple's decision to withdraw the cross-appeal suggests the dispute will end without further litigation.</li></ul>

Ripple Settles SEC Case, Drops Cross-Appeal, Pays $50M Fine

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