š
Date: March 25, 2025
š„ Major Developments in the Ripple-SEC Case
ā
SEC Drops Lawsuit Against Ripple! š
The U.S. Securities and Exchange Commission (SEC) has officially dropped its four-year lawsuit against Ripple Labs, ending a legal battle that began in December 2020. š Ripple CEO Brad Garlinghouse confirmed on March 19, 2025, that the SEC abandoned its appeal, following a previous ruling that XRP is not a security when sold to retail investors.
āļø Court Ruling Recap:
⢠Judge Analisa Torres (2023 ruling): XRP not a security in retail sales but violated securities laws in institutional sales.
⢠SECās initial demand: šø $2B in fines.
⢠Final settlement: ā
$125M penalty.
š” This decision boosts XRPās legal clarity and restores investor confidence in the crypto market. š
š° XRP Community Pushes for $500B Restitution
š Crypto Justice Movement: Jimmy Vallee, founder of Valhil Capital, is leading a campaign demanding $500 billion in restitution for XRP holders. šµ
š Valleeās Key Claims:
⢠The SECās lawsuit suppressed XRPās price, causing massive financial losses for investors. š
⢠Without the lawsuit, XRP could have reached $8ā$10 per token, boosting its market cap past $500 billion. š
⢠Over 76,000 XRP holders, represented by John Deaton, suffered due to regulatory overreach.
ā ļø Will This Legal Push Succeed?
While XRPās price jumped 10% after the lawsuit ended š, the $500B restitution claim is untested legally. However, it reflects growing frustration in the crypto community over SEC enforcement policies. šļø
š XRP Price & Market Reaction
š XRP Price Surge:
ā
+10% increase after March 19, 2025.
š +30% recovery in recent weeks.
š® Future Outlook: Market watchers see renewed confidence in XRP but remain cautious about legal
#Ripple #XRP #Crypto #SECDropsCase #CryptoJustice #Bitcoin #CryptoNews #Blockchain #SEC #BradGarlinghouse
#Ripple #XRP #Crypto #SECDropsCase #CryptoJustice #Bitcoin #CryptoNews #Blockchain #SEC #BradGarlinghouse #XRPArmy