{"id":11429,"date":"2025-08-08T11:00:33","date_gmt":"2025-08-08T11:00:33","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/ripple-sec-legal-drama-ends-xrp-skyrockets-13\/"},"modified":"2025-08-08T11:00:33","modified_gmt":"2025-08-08T11:00:33","slug":"ripple-sec-legal-drama-ends-xrp-skyrockets-13","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/ripple-sec-legal-drama-ends-xrp-skyrockets-13\/","title":{"rendered":"Ripple-SEC Legal Drama Ends; XRP Skyrockets 13%"},"content":{"rendered":"

Ripple Labs\u2019 long-running legal fight with the US Securities and Exchange Commission (SEC) is officially over after both sides agreed to drop their appeals in the case.<\/p>\n

According to reports, a joint filing<\/a> on August 7 confirmed the decision to the 2nd Circuit Court of Appeals, ending a nearly five-year dispute that has shaped debate over how cryptocurrencies are regulated.<\/p>\n

Back To Business<\/h2>\n

Ripple\u2019s chief legal officer Stuart Alderoty said on social media the matter was \u201cover\u201d and the company could get \u201cback to business.\u201d<\/p>\n

\n

Following the Commission’s vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals.<\/p>\n

The end\u2026and now back to business. https:\/\/t.co\/nVqthNcFOt<\/a><\/p>\n

\u2014 Stuart Alderoty (@s_alderoty) August 7, 2025<\/a><\/p>\n<\/blockquote>\n

Appeals Withdrawn, Penalties Finalized<\/h2>\n

Based on reports<\/a>, the SEC has withdrawn its challenge to a 2023 ruling that XRP sales on public exchanges were not securities.<\/p>\n

Ripple, in turn, dropped its own appeal on the finding that institutional sales of XRP violated securities laws. Both parties will shoulder their own legal expenses.<\/p>\n

The case\u2019s resolution finalizes $125 million in penalties first outlined by Judge Analisa Torres. Of that, $50 million will go to the US Treasury, while $75 million\u2014held in escrow since June\u2014will be returned to Ripple.<\/p>\n

\"\"<\/p>\n

The ruling also leaves in place a permanent injunction stopping Ripple from making institutional XRP sales without following securities laws.<\/p>\n

It can be recalled that the litigation started in December 2020 when the regulatory body charged Ripple with raising $1.3 billion from unregistered securities offerings.<\/p>\n

Ripple protested innocence, claiming XRP is not a security. In July 2023, Judge Torres agreed with the SEC on “programmatic” sales to institutional buyers but decided such type of sales to retail purchasers were not deemed as “securities<\/a>.”<\/p>\n


\nPolitical Shift Shapes Outcome<\/p>\n

The move to suspend appeals follows US President Donald Trump’s return to the White House and appointment of new bosses at the SEC.<\/p>\n

According to reports, under the new chair, Paul Atkins, the agency has backed away from more than a dozen enforcement actions and investigations involving crypto firms in recent months.<\/p>\n

Ripple CEO Brad Garlinghouse earlier said both parties had already agreed in June to put closure to their appeals, though negotiations to reduce the penalties failed.<\/p>\n

Meanwhile, market observers say the outcome is a reflection of the SEC\u2019s softened approach in other high-profile cases, including those involving Coinbase and Kraken.<\/p>\n

For the crypto industry, this resolution is being viewed as a sign of changing tides in Washington\u2019s stance when it comes to regulation.<\/p>\n

\"\"<\/p>\n

XRP Sees Renewed Trading Activity<\/p>\n

Following news of the case\u2019s end, XRP shot up 13%<\/a>, registering a 24-hour trading volume of $9.50 billion\u2014an increase of more than 100% compared from the previous day. XRP’s price has been climbing by around 14% in the last seven days, latest data shows.<\/p>\n

Analysts say the sharp spike in activity signals renewed investor confidence now that the legal cloud over Ripple has been cleared.<\/p>\n

Featured image from Meta, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Ripple Labs\u2019 long-running legal fight with the US Securities and Exchange Commission (SEC) is officially over after both sides agreed to drop their appeals in the case. According to reports, a joint filing on August 7 confirmed the decision to the 2nd Circuit Court of Appeals, ending a nearly five-year dispute that has shaped debate…<\/p>\n","protected":false},"author":1,"featured_media":11430,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[610],"tags":[62,18,10,14,27,189,4546],"class_list":["post-11429","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-altcoins","tag-bitcoin","tag-crypto","tag-ripple","tag-sec","tag-securities"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/11429","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=11429"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/11429\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/11430"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=11429"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=11429"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=11429"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}