Ripple, SEC File Joint Motion to Release $125M Held in Escrow

The SEC and Ripple have moved to close the chapter on one of crypto’s longest-running legal battles, jointly filing a motion in Manhattan federal court to dissolve the injunction in their case and release the $125 million civil penalty currently held in escrow.Under the proposal, $50 million would go to the SEC, while the remaining $75 million would be returned to Ripple.The motion, filed under Federal Rules 60(b)(6) and 62.1, cites “exceptional circumstances” as grounds for reopening the final judgment, pointing to changing regulatory attitudes at the SEC and a shared desire between both parties to avoid further litigation source: https://www.coindesk.com/markets/2025/06/13/ripple-sec-file-joint-motion-to-release-125m-held-in-escrow