Ripple–SEC Lawsuit Officially Ends, XRP Surges on Positive Sentiment
On August 7, Ripple and the U.S. SEC officially ended their long-standing legal battle by withdrawing their respective appeals. The 2023 ruling by Judge Analisa Torres remains intact: Ripple violated securities laws in institutional XRP sales but not in public or secondary market transactions. The $125 million fine will be transferred to the U.S. Treasury.
Following the news, XRP surged 10% as market sentiment turned bullish. Meanwhile, President Trump is expected to sign an executive order allowing crypto and other alternative assets to be included in U.S. 401(k) retirement accounts, further boosting industry optimism.
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