Lawsuit against Ripple dropped: XRP up 9.3%

On March 15, 2025, the US Securities and Exchange Commission (SEC) officially dropped its appeal and lawsuit against Ripple Labs, ending years of litigation. This was announced by Ripple CEO Brad Garlinghouse. This outcome was a landmark victory for the company and could influence the regulation of cryptocurrencies in the United States.

The end of the long battle between Ripple and the SEC

The SEC’s lawsuit against Ripple was filed in December 2020, accusing the company of conducting an unregistered $1.3 billion securities offering through the sale of XRP. In July 2023, Judge Analisa Torres ruled that programmatic sales of XRP to retail investors did not qualify as securities, a major blow to the SEC’s position. However, sales to institutional investors were found to be in violation, and the SEC continued to prosecute.Now, with the appeal dropped, Ripple has achieved a major victory. I believe this decision could set a precedent for the classification of digital assets in the US and influence future SEC actions regarding the crypto industry.

Why did XRP grow

The market reacted instantly: at the time of writing the news, the price of XRP increased by 9.3%. Industry leaders welcomed the decision, calling it a step towards more transparent regulation of cryptocurrencies. In my opinion, this could give XRP a new boost, especially if investors see this as a signal for the SEC to soften its position.

What’s next?

Attention now turns to how the SEC will regulate cryptocurrencies in the future. This outcome may indicate a change in the Commission’s approach to digital asset supervision. I think the coming months will show whether the SEC is ready to reconsider its strategy regarding crypto projects.

News highlights

• The SEC withdrew its complaint and appeal against Ripple Labs on March 15, 2025.
• The court case, which began in 2020, ended in victory for Ripple.
• XRP rose 9.3% after the announcement.
• The decision may affect the regulation of cryptocurrencies in the United States.

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