Ripple and SEC lawsuit officially comes to an end, market sentiment drives XRP to surge

On August 7, Ripple and the U.S. Securities and Exchange Commission (SEC) officially concluded their years-long legal dispute, with both parties withdrawing their appeals. Judge Analisa Torres's 2023 ruling will be upheld: Ripple violated securities laws when selling XRP to institutions, but public sales and secondary market transactions do not constitute violations. The $125 million fine will be transferred to the U.S. Treasury.

Following the announcement, XRP briefly surged by 10%, reflecting a shift in market sentiment towards optimism. At the same time, President Trump is expected to sign an executive order allowing alternative investments like cryptocurrencies to be included in 401(k) retirement accounts, further boosting market confidence.

#Ripple #XRP #SEC #crypto regulation #Trump crypto policy