AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
XRP News Today: Ripple Ends SEC Battle With $125 Million Penalty
Generated by AI AgentCoin World
Sunday, Jun 29, 2025 4:12 am ET1min read
Ripple Labs has announced the withdrawal of its cross-appeal against the U.S. Securities and Exchange Commission (SEC), marking the end of a lengthy legal battle that began in 2019. This decision comes after Judge Analisa Torres' ruling in 2023, which provided a significant turning point in the case. The resolution involves
Labs paying a $125 million civil penalty, as confirmed by Ripple's CEO, Brad Garlinghouse. This penalty is in compliance with the court's ruling, which exonerated XRP sales to retail investors on exchanges from securities infractions but deemed institutional sales in violation.Ripple's decision to conclude the case with a $125 million penalty signifies a strategic refocus for the company. Stuart Alderoty, Chief Legal Officer at Ripple, emphasized that the company's future operations will comply with a permanent injunction concerning institutional dealings. Despite the legal settlement, XRP's status on public exchanges remains unchanged, allowing for continued secondary market trading without the concerns of securities classification.
The market has reacted positively to the resolution, with stakeholders highlighting the relief from regulatory ambiguity. Garlinghouse stated, "We're closing this chapter once and for all," indicating a strategic refocus for Ripple. Alderoty reaffirmed XRP's status as non-security, declaring "business as usual" at Ripple. The case closure offers regulatory clarity for Ripple's operations, allowing the company to move forward with a clearer understanding of its legal standing.
The Ripple case signifies a broader dialogue in crypto regulation. The outcome sets a precedent for regulatory clarity but does not shift existing frameworks significantly for unrelated tokens. The SEC's actions against Ripple open pathways for further dialogue and clarity in crypto asset classification and regulatory scopes. This resolution is expected to influence future regulatory decisions and provide a clearer framework for the crypto industry moving forward.
Coin World
Quickly understand the history and background of various well-known coins
Latest Articles
XRP News Today: Vanguard Shifts Stance on Crypto ETFs, Citing Matured Markets and Demand
Dec.02 2025
Alphabet's AI Ecosystem Fuels Flywheel Growth, Propelling Stock 68% in 2025
Dec.02 2025
Striking Baristas Secure $38.9M in Restitution, But Contract Battles Brew On
Dec.02 2025
Bitcoin News Today: Bitcoin's RSI Signals Cyclical Reset as Market Waits for Fed's Decisive Move
Dec.02 2025
Corporate Strategies Test Balance Between Growth and Sustainability
Dec.02 2025
Ainvest News articles are AI-generated using advanced large language model (LLM) technology designed to analyze and synthesize publicly available data and news. While AI tools assist in producing initial drafts and insights, all AI generated content published on Ainvest is subject to comprehensive human editorial review before publication. A designated human editor reviews, verifies, and approves each article for factual accuracy, coherence, and compliance with AInvest Fintech Inc’s editorial and disclosure standards.
Despite these review procedures, the information provided may still contain inaccuracies, incomplete data, or time sensitive references due to the inherent limitations of AI generated analysis and evolving changes. The material is provided strictly for informational and educational purposes and does not constitute personalized investment, legal, or financial advice. Readers should independently verify all facts, figures, and statements before making any decision based on this content.
AInvest Fintech Inc. its affiliates, and partners accept no liability or responsibility for any direct or consequential losses arising from reliance on this content. All articles and analyses are subject to revision, update, or removal without prior notice to maintain accuracy and integrity in our publications.
Comments
No comments yet