Ripple Labs has agreed to pay a $50 million fine to end the U.S. Securities and Exchange Commission’s years-long investigation into the Ripple-linked firm, the company’s Chief Legal Officer Stuart Alderoty said on Tuesday.

“The SEC will keep $50M of the $125M fine,” he wrote in a post on X, formerly known as Twitter, referring to the penalty Ripple Labs was ordered to pay by a New York court in August over unregistered XRP sales to institutional investors.