The post XRP News Today: Ripple Wins Final Victory in SEC Case As Lawsuit Ends appeared first on Coinpedia Fintech News
After years of legal battles, the Ripple vs SEC case has officially come to an end. On August 7, both Ripple and the US Securities and Exchange Commission (SEC) filed a joint request to dismiss their appeals with the Second Circuit Court. This marks the official closure of one of the most closely watched lawsuits in the history of cryptocurrency.
The case, which began with the SEC accusing Ripple of illegally selling XRP as an unregistered security, has been a central point of debate in the crypto industry. With today’s dismissal, the issue of Ripple’s programmatic sales of XRP made up to 2020, along with other non-institutional distributions, is now settled under the principle of res judicata, meaning it cannot be brought up again between these parties. Those sales and distributions are now legally recognized as lawful.
In effect, XRP itself is confirmed as not being a security. This decision removes a major cloud of uncertainty that has hung over the cryptocurrency for years. The XRP community, which has stood by the project through years of investigation and litigation, is celebrating the outcome as a landmark win.
The company can now focus fully on business growth. Legal closure also clears the path for potential US-based XRP exchange-traded funds (ETFs), a possibility that has been gaining momentum in recent months.
Ripple executives have made it clear that the end of this case signals the start of a new chapter for the company. With global expansion plans already underway, Ripple now looks to strengthen its role in international payments and digital asset adoption.
The conclusion of the lawsuit also comes at a time when market sentiment around altcoins is improving. Analysts have now said that XRP could see renewed investor interest as regulatory uncertainty is no longer a barrier. The crypto market is now watching to see if this legal victory will spark a sustained XRP price rally. XRP price is currently up by more than 10%.