Ripple vs. SEC Legal Battle Ends, XRP Surges 10%
The long-standing legal battle between Ripple and the SEC has officially ended, paving the way for a new chapter in XRP's journey and setting a key precedent for the classification and regulation of cryptocurrencies in the U.S.
The long-running legal showdown between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has finally come to an end, as both parties have filed to withdraw their appeals. The 2023 court ruling — which drew a clear line between legal and illegal XRP sales — is now the official conclusion of one of the most closely watched lawsuits in the crypto space.
What does the final ruling say?
The court determined that XRP sales to institutional investors violated securities laws, while public exchange sales did not. This was seen as a partial win for Ripple, but more importantly, a landmark moment for the entire crypto industry.
The long-running legal showdown between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has finally come to an end, as both parties have filed to withdraw their appeals. The 2023 court ruling — which drew a clear line between legal and illegal XRP sales — is now the official conclusion of one of the most closely watched lawsuits in the crypto space.
What does the final ruling say?
The court determined that XRP sales to institutional investors violated securities laws, while public exchange sales did not. This was seen as a partial win for Ripple, but more importantly, a landmark moment for the entire crypto industry.
How did XRP react?
XRP’s price jumped over 10% following the announcement, signaling investor optimism as legal clarity improves.
The official conclusion of the Ripple vs. SEC legal battle marks a major turning point — not just for Ripple, but for the entire cryptocurrency landscape. This ruling could shape how other tokens are classified and regulated in the United States going forward.
