Ripple Sees Victory as SEC Drops Appeal
Ripple celebrates as SEC drops its appeal in the ongoing legal case concerning XRP’s regulatory status, March 2025.
The SEC’s decision not to appeal the Ripple case ruling has reverberated through crypto markets, potentially providing greater regulatory clarity.
Ripple’s Legal Journey from 2020 to Present Win
Ripple’s legal battle with the Securities and Exchange Commission (SEC) started in December 2020. SEC alleged Ripple conducted a $1.3 billion unregistered securities offering. CEO Brad Garlinghouse announced the SEC would not pursue its appeal, marking a victory for Ripple.
This is it – the moment we’ve been waiting for. The SEC will drop its appeal – a resounding victory for Ripple, for crypto, every way you look at it. The future is bright. Let’s build. — Brad Garlinghouse, CEO, Ripple source
This decision lifts uncertainty that has loomed over XRP’s market position.
XRP Price Jumps 13% Post-SEC Decision
XRP’s price surged by 13% within 24 hours of the announcement. Market participants see this as a signal for increased confidence in Ripple’s future. Trading volume has also skyrocketed, reflecting heightened investor interest. Financial and regulatory stakeholders are evaluating the political and business implications. Ripple asserts the victory supports broader crypto industry growth by setting an important legal precedent.
July 2023 Ruling Set Stage for Ripple’s Success
This case resembles past SEC actions against crypto companies. July 2023 saw a partial victory for Ripple, with a judge ruling XRP retail sales were not securities violations. Experts predict this outcome will influence legislative agendas positively. Clarifications around XRP could encourage institutional investments, as legal ambiguities shrink.
