# Breaking News: Ripple Achieves Another Win, SEC Legal Action Approaches Resolution
Ripple has once more triumphed in its protracted judicial confrontation with the U.S. Securities and Exchange Commission (SEC), suggesting the approaching resolution of this intently observed legal narrative.
Ripple’s Chief Legal Representative, Stuart Alderoty, revealed that following more than four years of anticipation, the company’s lawful disagreement with the SEC is ultimately reaching a conclusion.
Toncoin (TON) Value Forecast for March 26th
As an element of the concluding decision, the SEC will retain $50 million of the $125 million fine initially enforced by Magistrate Analisa Torres last August, Alderoty expressed.
The SEC will likewise petition the tribunal to reject the order issued by Magistrate Torres, which restricted Ripple from vending XRP tokens to institutional financiers.
Considering the agency’s altering position on virtual currencies, the arrangement is exceedingly expected to be sanctioned, although the SEC has yet to administer an internal vote to conclude the accord.
U.Today stated that the SEC relinquished its entreaty against Ripple last week, activating a concise rise in the worth of XRP.
