The legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs is close to being resolved, according to sources familiar with the matter. The delay in reaching an agreement is reportedly due to Ripple's legal team negotiating more favorable terms regarding the August district court ruling, which imposed a fine of $125 million on Ripple and prohibited the sale of XRP to institutional investors. The SEC has recently withdrawn lawsuits against several other crypto companies, while the SEC and Binance have filed a motion to pause their ongoing litigation. The resolution of the SEC-Ripple case is taking longer than expected due to the lack of a clear precedent for handling such a situation. Ripple is believed to be negotiating with the SEC to overturn or modify certain aspects of the August ruling, which could potentially impact its future plans.



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