SEC, Ripple Approvle Court again more than $ 125 million from the guarantee fund star-news.press/wp

Ripple, US Securities and Exchange Commission (SEC) again contacted US courts in search of a change in the 125 million dollar guarantee fund structure.

It is worth noting that the five -year legal battle between both entities has greatly disposed of the past three months, in line with other friendly developments for the encryption of the Donald Trump administration.

However, both parties face a major task in persuading the court of need to change a preliminary judicial order in its final ruling.

Related reading: Ethereum curse: The first treasury company ever suffers from Sharo’s disruption of 73 %-details

Reply -sec drama continues

In 2020, SEC Ripple was accused of court, accusing the latter of selling more than $ 1.3 billion in unregistered securities sales (XRP).

In July 2023, the judge spent that the secondary sales of XRP did not qualify as securities transactions, which is a partial victory for the encryption market. However, the final ruling issued in August 2024 included a Ripple order to pay 125 million dollars in a violation of Article 5 of the Securities Law of 1993.

It is worth noting that the amount of 125 million dollars has been placed soon in the warranty account pending the end of the case, which was followed by the notifications of the two parties quickly. However, the abstracts of both lighters were suspended on April 16, 2025, after a report on an agreement on the principle between the two parties.

Tamulization, SEC try to move again

It appears that it is part of the agreement between SEC and Ripple, both parties approached the court on May 8, May May May, May 125 for $ 125, against Blockchain based on “exceptional conditions”.

The joint proposal suggested that only 50 million dollars be paid to the Supreme Education Council as a punishment, while the rest is returned to Ripple. However, the court rejected this suggestion on May 16 because there was no explanation for how “these exceptional circumstances” was amended.

In another Joint movement It was presented on June 12, both parties mention the accuracy of these “exceptional circumstances”, which includes the fact that the proposed agreement does not change the initial summary of the court.

Moreover, the proposal also highlights that the required relief prefers both parties in the case in addition to the public interest and provides a settlement capable of completing this issue permanently. In addition, this proposed change will prevent the progress of the appeal summaries and the rescue of the court resources.

Finally, SEC and Ripple reiterates that granting the statue of the barbaric matter and thus ending the case is compatible with the current SEC policy of rejecting some encryption cases through the detailed text.

XRP trading at around $2.16 on the daily chart | Source: XRPUSDT on TradingView.com

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