Ripple agreed to drop its appeal against the SEC and pay $50M of the original $125M fine

JUST IN: @Ripple has agreed to drop its appeal against the @SECGov and pay $50M of the originally ordered $125M fine. The SEC will also ask Judge Torres to lift the ‘obey the law’ injunction she imposed on Ripple in addition to the fine.

Once all of this has been voted on by… https://t.co/pTHZefBsEp

— Eleanor Terrett (@EleanorTerrett) March 25, 2025