SEC Drops Lawsuit Against Ripple After Four-Year Legal Battle, XRP Price Surges
May 3, 2025, 10:25 a.m.
8 sources
positive
The U.S. Securities and Exchange Commission (SEC) has officially dropped its four-year-long lawsuit against Ripple, the company behind XRP. Ripple CEO Brad Garlinghouse announced the end of the legal proceedings on March 19, 2025. The lawsuit, filed in December 2020, alleged that Ripple's sale of XRP amounted to an unregistered securities offering. The SEC's decision follows a pivotal legal ruling in July 2023 and marks a significant moment for the crypto sector, as it suggests XRP is not considered a security. Following the announcement, XRP’s market value jumped by 30%. Experts believe this settlement not only benefits Ripple but also sets a legal precedent that could shape the regulatory landscape for all digital assets in the U.S. Going forward, the decision could influence how digital tokens are classified and may embolden other projects previously wary of regulatory repercussions.
The lawsuit’s termination removes major regulatory risk, restoring investor confidence and driving an immediate 30% price surge, with positive implications for both short-term momentum and long-term growth.
Sources
XRP News: Ripple Exec Explains SEC Appeal Withdrawal and U.S. Path to Smart Crypto Regulation
crypto-news-flash.com
04.05.2025 18:07
Ripple Moves Forward as SEC Drops XRP Appeal
coinfomania.com
04.05.2025 12:26
SEC Drops Appeal, Ends Ripple Lawsuit
bitcoininfonews.com
04.05.2025 08:57
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