๐ #SEC vs. Ripple Case Takes a Final Twist: Is the Five-Year Battle Coming to an End?
The SEC vs. #Ripple battle, one of the most talked-about cases in the cryptocurrency markets, has reached a critical juncture. The U.S. Securities and Exchange Commission (SEC) has obtained permission from the group to withdraw its option treatment in the XRP case, which has been ongoing since 2020. If this historic decision is made after today's internal meeting, the five-year legal battle could officially end.
๐ What Will Happen Today?
The SEC will announce the withdrawal and display of the option treatment in the XRP case at a critical closed-door meeting today at 9:00 PM GMT. This decision is expected to be made public in the coming days, rather than immediately. However, all eyes are on this development.
Ripple CEO Brad Garlinghouse previously announced that Ripple had withdrawn its counter-squeeze and called on the SEC to take the same action. Whether the SEC will respond to this request is now a matter of curiosity.
โ๏ธ Brief Summary of the Case: What Happened?
December 2020: The SEC declared XRP an "unregistered security" and filed a lawsuit against Ripple for 1.3 billion tokens.
2021-2022: The case underwent a conversion process and attempted settlement.
July 2023: Judge Analisa Torres ruled that programmatic sales of $XRP on exchanges did not count, but institutional sales were included.
October 2023: The SEC received privileged permission.
Early 2024: The SEC filed formal amendments.
June 2025: Ripple withdrew its counterclaim and declared it "time to close this book."
If the SEC were to withdraw now, the case would effectively be closed.
๐What Would You Bring to XRP?
The SEC's withdrawal of the restructuring process would be a major turning point for XRP:
Regulatory pressure on XRP would be removed.
Paving the way for spot XRP ETF applications.
It is claimed that major financial giants like BlackRock could engage in XRP ETF transactions.
Ripple's institutional partnerships could be expanded and expanded with regional and payment systems.
A strong bullish trend could be seen in XRP prices due to these developments.
๐ง What Does the Market Expect?
The market's overall financial resources are being added to the SEC's cooling-off practices. This is seen as a likely step to both respect the court ruling and allow the agency to focus on its new crypto regulatory strategy.
Crypto investors want to see this step officially "close the Ripple case."
๐ Result: Crypto World Holds Its Breath
The SEC's lawsuit against Ripple profoundly impacted not only XRP but the entire crypto market. Today's meeting and the upcoming decision are so important that they will determine the overall direction of not just one token, but the crypto ecosystem.
If the request is withdrawn:
Pave the way for XRP,
Set a precedent for other projects grappling with lawsuits,
Turn over a new chapter in framing in the US.
