XRP and SEC Case Update 2025

Since 2020, Ripple, the company behind the XRP cryptocurrency, has been locked in a legal battle with the U.S. Securities and Exchange Commission (SEC), which alleged that Ripple sold XRP as unregistered securities, in violation of U.S. securities laws.

According to the latest update, the SEC was required to file its appeal brief by January 15, 2025.

This comes after a series of legal rounds that saw mixed decisions, with Ripple winning some rounds, such as Judge Analisa Torres’ decision in 2023 that held that XRP sales on public markets are not securities, while Ripple’s direct sales to institutional investors are securities.

After the SEC files its brief, Ripple is expected to respond legally, which could lead to new pleadings or a potential settlement.

Impact of the case on XRP and the market:

The price of XRP has been volatile over the past few years due to the case, rising at times when positive news for Ripple was released, and falling when unfavorable news emerged.

If Ripple wins the case outright, it could lift regulatory pressure on XRP and increase its adoption in financial markets. If it loses, it could face significant fines, and XRP could be formally classified as a security, which could limit its trading in the United States.

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