๐ Date: March 25, 2025
๐ฅ Major Developments in the Ripple-SEC Case
โ SEC Drops Lawsuit Against Ripple! ๐
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. ๐ 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.
โ๏ธ Court Ruling Recap:
โข Judge Analisa Torres (2023 ruling): XRP not a security in retail sales but violated securities laws in institutional sales.
โข SECโs initial demand: ๐ธ $2B in fines.
โข Final settlement: โ $125M penalty.
๐ก This decision boosts XRPโs legal clarity and restores investor confidence in the crypto market. ๐
๐ฐ XRP Community Pushes for $500B Restitution
๐ Crypto Justice Movement: Jimmy Vallee, founder of Valhil Capital, is leading a campaign demanding $500 billion in restitution for XRP holders. ๐ต
๐ Valleeโs Key Claims:
โข The SECโs lawsuit suppressed XRPโs price, causing massive financial losses for investors. ๐
โข Without the lawsuit, XRP could have reached $8โ$10 per token, boosting its market cap past $500 billion. ๐
โข Over 76,000 XRP holders, represented by John Deaton, suffered due to regulatory overreach.
โ ๏ธ Will This Legal Push Succeed?
While XRPโs price jumped 10% after the lawsuit ended ๐, the $500B restitution claim is untested legally. However, it reflects growing frustration in the crypto community over SEC enforcement policies. ๐๏ธ
๐ XRP Price & Market Reaction
๐ XRP Price Surge:
โ +10% increase after March 19, 2025.
๐ +30% recovery in recent weeks.
๐ฎ 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
