The lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has officially closed after more than 5 years of intense legal debate.
The joint motion to withdraw the appeal by both sides marks the end of the dispute, opening new development opportunities for Ripple and XRP.
MAIN CONTENT
Ripple and the SEC have jointly withdrawn their appeals, ending the 5-year-long legal dispute.
The conclusion of the lawsuit helps Ripple remove the 'Bad Actor' label, benefiting business operations and fundraising.
How did the Ripple vs SEC lawsuit end?
At the end of the day on 8/8/2025, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) jointly filed a motion to the court to cancel the appeals, signaling the official closure of the more than 5-year lawsuit.
This decision means that the initial ruling by Judge Analisa Torres against the SEC will take effect without further approval from the court. This is a significant turning point that helps Ripple end a challenging legal phase that has affected the company's reputation and operations.
The community's reaction to the news
While many XRP fans celebrate the end of the lawsuit, some members remain skeptical and doubtful about the authenticity of the information, even calling it 'fake news' due to the lack of official statements from the SEC or Ripple.
A sense of confusion and anxiety spreads, creating FUD (fear, uncertainty, and doubt) in the XRP investor community, causing some to cautiously monitor official responses from both sides.
"After the commission voted today, the SEC and Ripple officially filed a motion to withdraw the appeal directly to the Second Circuit Court. The case is closed... now back to business."
Stuart Alderoty, Ripple's General Counsel, August 2025
What does the former SEC lawyer say about the withdrawal of the appeal?
Marc Fagel, former SEC lawyer, clarified that the motion to withdraw the appeal is a public document and no further announcements are needed.
He explained that Judge Analisa Torres does not need to sign off on this step; after the appellate court completes the administrative process, the initial ruling will automatically be enforced, meaning the lawsuit has officially ended.
"No judge needs to intervene at this step, indicating that the lawsuit is completely closed."
Marc Fagel, former SEC lawyer, 10/8/2025
How will Ripple and XRP face the future?
After the appeals are over, Ripple is no longer labeled as a 'Bad Actor' under U.S. law, opening up many fundraising and business development opportunities in the cryptocurrency market.
However, waiting for official statements from Ripple or the SEC, the investor community may still maintain a cautious attitude, especially in a volatile market like cryptocurrency.
Frequently Asked Questions
What does the Ripple and SEC lawsuit mean for XRP?
The conclusion of the lawsuit helps Ripple eliminate legal barriers, facilitating the growth and increase in value of XRP.
What role does the appellate court play in the lawsuit?
The appellate court will complete the withdrawal procedure, and the initial ruling of the judge will automatically take effect.
Why are some investors still skeptical about the lawsuit being over?
The main reason is the lack of official announcements, leading to the emergence of FUD in the XRP community.
How will Ripple develop after the lawsuit ends?
Ripple is expected to enhance fundraising and expand operations in the global cryptocurrency market.
Who confirmed that the lawsuit has ended?
The Chief Counsel of Ripple and the former SEC lawyer both confirmed that the appeals have been canceled, officially ending the lawsuit.
Source: https://tintucbitcoin.com/ripple-xrp-ceo-phu-nhan-vu-kien-gia/
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