✅ Current Status: Ripple and SEC
In March 2025, Ripple announced that the SEC has withdrawn its appeal against the July 2023 ruling which stated that the sale of XRP on public exchanges does not fall under the category of securities.
As part of the settlement, Ripple agreed to pay a fine of $50 million, which is a reduction from the initial fine of $125 million.
The court is also expected to lift the injunction that previously restricted the sale of XRP to institutional investors.
⚖️ Legal and Regulatory Implications
The court ruling in July 2023 established that the sale of XRP to institutional investors is considered an unregistered security offering, while sales on public markets do not fall into that category.
With the appeal from both parties ending, this ruling sets an important precedent in the regulation of crypto assets in the US.
🔄 SEC Strategy Changes
Since the change in leadership at the SEC, with pro-crypto Paul Atkins proposed as the new chair, there has been a shift in approach towards the crypto industry, including the cessation of several lawsuits against other crypto companies like Coinbase and Kraken.
📌 Conclusion
Ripple is currently no longer involved in active legal disputes with the SEC. Nevertheless, the company remains under regulatory scrutiny, particularly concerning sales to institutional investors. However, overall, Ripple has achieved significant legal freedom from the SEC.
