The lawsuit by the U.S. SEC against Ripple has entered the final stages, with both parties negotiating the terms of fines and injunctions

ChainCatcher news, according to Forbes business reporter Eleanor Terrett, the lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple is in its final stages and may conclude soon.

According to two insiders, the delay in reaching an agreement is due to Ripple's legal team negotiating the terms of last August's district court ruling, hoping to secure more favorable conditions.

The ruling imposed a $125 million fine on Ripple and permanently prohibited it from selling XRP to institutional investors. Insiders indicate that Ripple believes if the new leadership at the SEC is clearing the enforcement records for all previously investigated cryptocurrency companies, then why should Ripple still be penalized. Accepting Judge Torres's ruling would essentially mean Ripple acknowledges wrongdoing, while now the SEC itself seems uncertain whether any violations occurred.