The Ripple VS SEC lawsuit is among the largest encryption battles, whose results are eagerly awaiting. More than four years ago, the US Securities and Stock Exchange Committee accused the Ripple Labs and executives of conducting unregistered securities offer, noting the sale of the distinguished code for XRP of $ 1.2 billion. SEC also argued that XRP is safety, struggling the price of the distinctive symbol. It is worth noting that the effect was also evident in the broader encryption market until they refused to appeal. However, it has not been officially ended, until the court agreed to report the situation submitted by SEC.
Ripple VS SEC lawsuit has been rejected, but it has not yet ended
On August 7, the Ripple VS SEC lawsuit reached the near end, as the two parties filed a joint dismissal for their appeal. Experts admitted that it was the conclusion of the lawsuit, which started in December 2020.
It is worth noting that the chapter came from both sides, led by the Ripple withdrawal of Ripple and followed by SEC after the internal vote.
#xrpcommunity #Secgov Fifth. #ripple #xrp Breaking: The parties provided a shared dismissal of stabbing. The case ended. pic.twitter.com/qmatrlnxns
James K. Villan (Filanla) August 7, 2025
With this closing, both parties will cover their legal costs, and Ripple will pay $ 125 million, much less than two billion dollars at first. However, restraint remains on the sale of future institutional XRP.
Interestingly, though, XRP has been officially recognized as “not safe”, yet the official closure remains in the case.
SEC file report, the court approval will end a lawsuit
Despite the XRP lawsuit, which is closed, former Public Prosecutor James K. Villan on a new update on the case. in X post Today, the SEC case report participated, on August 16, when SEC updated the American Second Circle on the progress of the case, in line with the direction of June 16.
- Source: James K. Villan, SEC case report
If the second American circle approves the joint separation, a court lawsuit can end up forming SEC officially. It is worth noting that this will be a turning point for the United States encryption systems, and the President of SEC Paul Atkins comments.
Next, Ripple will pay the institutional sales penalty and will ask the company to register to make these sales decisions.
The Crypto Chery Society member adds that submitting the case report is late. Moreover, she adds that this report was submitted because the Court of Appeal has not officially approved the joint condition of the adjudication.
- Source: Sherry, Comments on Ripple VS SEC judicial updates
It is worth noting, claiming that this will not be necessary if the Court of Appeal agrees to the condition earlier. Ultimately, I also concluded that the case has now ended as “Ripple has a concession and can do their business.”
Related questions (common questions)
No, the case was not officially ended, because the second American circle has not yet agreed to submit it.
Once the US Second Court in the United States agrees to the joint condition of the adjudication submitted by both parties, the lawsuit will end.
Yes, XRP is now officially “not safe.”
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Bouja Khargia
Pooja Khardia is a seasoned tricky content of more than 6 years of writing, including in Blockchain, Cryptocurrency, Defi and Digital Finance. On her adventure trip, she is currently working with Coingepe Media and leads the Trending section. Here, its expertise is used to provide analyzes, market visions, prices and information about what is heading in the encryption space, with the aim of maintaining the update of the encryption community and web3 with market trends and important visions. Pooja is famous for the user and direct writing style, and it is excited to make Crypto easy and accessible. Its writing about market research mixes with narration of stories, helping readers to move forward in making a fast -paced. When you don’t stand behind the keyboard, Bouja adopts its creative side by drawing and formulating. Contact Poja on LinkedIn or X.
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2025-08-16 08:59:00
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