- The SEC has dropped its lawsuit against Ripple after four years.
- XRP’s market value jumped 30% following this announcement.
- Ripple’s CEO announced the end of the legal battle on March 19, 2025.
The SEC agreed to drop its lawsuit against Ripple, as announced by Ripple CEO Brad Garlinghouse on March 19, 2025, resulting in a 30% rise in XRP’s market value.
The lawsuit’s dismissal is significant for the broader cryptocurrency industry, setting a legal precedent for digital asset classifications and influencing future regulations.
SEC Drops Lawsuit Four Years After Filing
XRP’s Value Soars 30% Post-Announcement
The announcement led to a 30% increase in XRP’s price, positively impacting the market. Investors view the news as a win for the cryptocurrency space.
“This case has ended, it’s over.” — Brad Garlinghouse
The dismissal conveys important regulatory implications, indicating that XRP is not a security. Ripple’s victory may encourage other digital asset firms.
Legal Precedent Set for Digital Assets
Compared to past SEC actions , this case’s resolution sets a significant legal precedent. Previous cases, like Coinbase’s, were resolved with public announcements.
Experts suggest potential changes in cryptocurrency regulation as new rulings could influence how digital assets are classified in the future.
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