SEC Drops XRP Case After Four-Year Battle

May 3, 2025

What to Know:

The SEC has dropped its lawsuit against Ripple after four years.
XRP’s market value jumped 30% following this announcement.
Ripple’s CEO announced the end of the legal battle on March 19, 2025.

sec-drops-lawsuit-against-ripple-xrp-market-value-soars — SEC Drops Lawsuit Against Ripple, XRP Market Value Soars

The SEC agreed to drop its lawsuit against Ripple, as announced by Ripple CEO Brad Garlinghouse on March 19, 2025, resulting in a 30% rise in XRP’s market value.

The lawsuit’s dismissal is significant for the broader cryptocurrency industry, setting a legal precedent for digital asset classifications and influencing future regulations.

SEC Drops Lawsuit Four Years After Filing

The SEC’s decision to drop the lawsuit follows a pivotal ruling in July 2023. Ripple’s CEO, Brad Garlinghouse, confirmed the case conclusion on social media. The lawsuit, initiated in December 2020, accused Ripple of an unregistered securities offering. Eleanor Terrett noted the SEC’s internal approval process before public announcements.

XRP’s Value Soars 30% Post-Announcement

The announcement led to a 30% increase in XRP’s price, positively impacting the market. Investors view the news as a win for the cryptocurrency space.

“This case has ended, it’s over.” — Brad Garlinghouse

The dismissal conveys important regulatory implications, indicating that XRP is not a security. Ripple’s victory may encourage other digital asset firms.

Legal Precedent Set for Digital Assets

Compared to past SEC actions, this case’s resolution sets a significant legal precedent. Previous cases, like Coinbase’s, were resolved with public announcements.

Experts suggest potential changes in cryptocurrency regulation as new rulings could influence how digital assets are classified in the future.

Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.

Thane Morrison

Thane Morrison is a diligent crypto news author and keen blockchain and digital finance enthusiast. He writes insightfully correct engaging content on Bitcoin, altcoins, DeFi, and NFTs to help readers understand how this relentless, changing world works. Simplification and empowerment are what he really stands for and enables readers to keep their heads in the game when making vital decisions in such a demanding space.