Ripple-SEC Lawsuit Ends; XRP Ruling Finalized

The legal battle between Ripple Labs and the U.S. SEC has officially concluded after both parties jointly dismissed their appeals, cementing Judge Analisa Torres' 2023 ruling. The decision holds that Ripple's XRP sales to institutional investors were unregistered securities offerings, resulting in $125 million in fines, while retail sales were not considered securities. Following the resolution, XRP's price briefly surged above $3 but has since faced bearish sentiment and significant outflows. Ripple continues to advance its central bank digital currency (CBDC) initiatives with several global governments. The company remains active in U.S. legislative discussions, warning that current crypto bills could subject major tokens to increased regulatory scrutiny. The case's conclusion marks a significant development in the ongoing evolution of cryptocurrency regulation.