According to source @RippleXrpie, the Securities Exchange Commission has responded to Ripple's letter regarding the TerraForm Labs judgment, and the Securities Exchange Commission is requesting a $102.60 million settlement, which is expected to be reached soon. In response, Coinbase Chief Legal Officer paulgrewal.eth quoted the letter on the X platform as saying that the Securities Exchange Commission believes that in the case of litigation, the settlement has limited effect in determining remedies.