Ripple–SEC Case Concludes, XRP Jumps on Bullish Momentum
On August 7, Ripple and the U.S. SEC officially closed their years-long lawsuit, with both sides withdrawing their appeals. Judge Analisa Torres’ 2023 decision stands — Ripple broke securities laws in institutional XRP sales but not in public or secondary market trades. The $125 million penalty will go to the U.S. Treasury.
The announcement sent XRP soaring over 10% as traders turned bullish. Adding to the positive sentiment, President Trump is expected to sign an executive order permitting crypto and other alternative assets in U.S. 401(k) retirement plans, fueling optimism across the industry.
