Ripple vs. SEC Case Nears a Critical Conclusion -

Cryptocurrency

Ripple vs. SEC Case Nears a Critical Conclusion

The case between Ripple and the SEC is, for the most part, done with, as a final conclusion came in August 2025. In a settlement, the SEC ended its case against Ripple, which was fined $125 million for institutional sales of XRP; the ruling finally concluded the legal fight after a 2023 court decision found programmatic sales of XRP on public exchanges were not securities offerings.
Key information on the case closure

Settlement details: The SEC dropped its lawsuit against Ripple after the company accepted a $125 million penalty over its institutional XRP sales.
Legal Status of XRP: A ruling in 2023 determined that the programmatic sales of XRP on public exchanges did not constitute securities. This determination was reaffirmed in the final settlement, thereby providing partial regulatory clarity for the digital asset.
Finality: The settlement, along with the SEC’s voluntary dismissal of its appeals, put an end to the four-year legal battle.
Impact on XRP: The end of the case saw a positive reception in the market, as the price of XRP went up after the announcement of the settlement.