XRP News Today: Ripple and SEC Dismiss Appeals Ending XRP Legal Battle

On August 7, 2025, the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. jointly filed a dismissal of all appeals in the long-running legal case over the XRP token, effectively ending the dispute and allowing a key 2023 ruling by U.S. District Judge Analisa Torres to remain in place [1]. This decision marks a significant milestone in the digital asset sector, which has followed the case closely for over four years.

The Joint Stipulation of Dismissal, submitted to the U.S. Court of Appeals for the Second Circuit, cited Federal Rule of Appellate Procedure 42(b)(1) as the legal basis for the termination of the appeals [2]. The document, dated August 7 and signed by legal representatives of both parties, confirmed that the SEC and Ripple had agreed to the dismissal. The parties also agreed to bear their own legal costs and fees, indicating a mutual resolution without further litigation [3].

The original lawsuit, filed in December 2020, alleged that Ripple conducted an unregistered securities offering through the sale of XRP. Ripple contested the charges, arguing that XRP was not a security and that the SEC’s enforcement actions were inconsistent with existing regulatory interpretations [4]. The case had previously seen a mixed ruling in 2023, where Judge Torres ruled that XRP sales on public exchanges did not constitute securities transactions, but that institutional sales did [5]. This partial victory for Ripple had already set the stage for a broader re-evaluation of token classification.

The resolution of the case follows months of negotiations between Ripple and the SEC, including a temporary pause in the appeals process requested in April 2025 [6]. Although Ripple sought a reduction in the $125 million fine imposed by Judge Torres, the court declined to modify the penalty. Despite this, the dismissal of appeals was widely interpreted as a strategic and practical win for Ripple, particularly in terms of regulatory clarity and business stability [7].

Ripple’s Chief Legal Officer, Stuart Alderoty, confirmed the resolution on social media, signaling a return to business operations after years of legal uncertainty [8]. The outcome has also been interpreted as a potential shift in the SEC’s approach to cryptocurrency enforcement, especially following comments from former SEC Chair Jay Clayton, who has publicly called for a more collaborative regulatory environment [9].

The resolution has had immediate market implications. XRP’s price surged nearly 99% from a low of $1.79 in early April 2025 to a peak of $3.56 in early July, reflecting strong investor sentiment [10]. As of late July, the token was trading around $3.31, indicating sustained confidence in its future [11]. However, Ripple remains classified as a “bad actor” under SEC regulations, which may continue to restrict its ability to raise capital or list on U.S. exchanges [12].

Industry observers and legal experts note that the case does not establish a definitive legal precedent for other tokens. Nevertheless, it provides valuable guidance on how courts may evaluate specific token use cases and regulatory compliance [13]. The outcome could serve as a reference point for other companies facing similar enforcement actions, though the broader regulatory landscape remains fluid and subject to change.

With this legal chapter closed, Ripple is now positioned to focus on its global payments initiatives and broader strategic goals. Meanwhile, the SEC appears to be redirecting its enforcement efforts toward other digital asset cases in various jurisdictions. The resolution underscores the importance of structured negotiation and cooperation between regulators and the crypto industry in navigating the evolving legal landscape.

Sources:

[1] Cointelegraph – https://cointelegraph.com/news/sec-ripple-drop-appeals-enforcement-action

[2] Yahoo – https://finance.yahoo.com/news/sec-ripple-end-appeals-closing-235853898.html

[3] CoinDesk – https://www.coindesk.com/policy/2025/08/07/sec-s-long-running-case-against-ripple-officially-over

[4] The – https://thedefiant.io/news/regulation/sec-ripple-end-five-year-xrp-lawsuit-joint-appeal-dismissal-28d1a73c

[5] CoinCentral – https://coincentral.com/ripple-and-sec-agree-to-dismiss-appeals-ending-xrp-lawsuit/

[6] MSN – https://www.msn.com/en-us/money/markets/xrp-investors-rejoice-after-sec-and-ripple-file-to-dismiss-appeals/ar-AA1K7sl9?ocid=finance-verthp-feeds

[7] TheStreet – https://www.thestreet.com/crypto/policy/sec-and-ripple-case-is-officially-over

[8] CoinGecko – data source referenced in Cointelegraph article

[10] CoinGecko – data source referenced in Cointelegraph article

[11] CoinGape – https://coingape.com/xrp-lawsuit-ends-as-ripple-and-sec-file-joint-dismissal/

[12] Bitcoin.com – https://news.bitcoin.com/ripple-v-sec-case-officially-over-appeals-dropped-xrp-eyes-breakout/

[13] Crypto Briefing – https://cryptobriefing.com/sec-ripple-appeals-xrp/