Ripple Legal Victory Influences SEC’s Decision to End XRP Appeal
By: ethnews|2025/05/02 23:30:01
0
Share
Ripple’s legal win prompts SEC to reassess enforcement, prioritizing fraud cases over asset classification disputes, per ex-officials.XRP price rose 12% post-SEC withdrawal; Ripple expands global payment partnerships with banks like Santander, Standard Chartered.The SEC withdrew its appeal against Ripple Labs in March 2025, concluding a multiyear legal dispute over the classification of XRP, the cryptocurrency tied to the company. Stuart Alderoty, Ripple’s Chief Legal Officer, explained the decision during a recent episode of the company’s Crypto in One Minute series on social media.In the newest Crypto In One Minute, Ripple's Chief Legal Officer @s_alderoty explains why the SEC dropped its appeal against Ripple in March 2025, and where the US is going with smart crypto regulation on the horizon: https://t.co/HJ4wTBWDmx Protecting consumers... pic.twitter.com/KD9bi66sGI— Ripple (@Ripple) May 2, 2025The SEC sued Ripple in 2020, alleging the firm sold XRP as an unregistered security. The agency argued that XRP’s distribution violated federal securities laws. Ripple contested the claim, asserting that XRP functions as a currency and should not fall under SEC oversight. A series of court rulings favored Ripple, including a 2023 judgment that classified XRP as a non-security when sold to retail investors.The SEC initially appealed this decision but abandoned the effort in 2025. Alderoty attributed the withdrawal to shifting regulatory attitudes and legal precedent. “The SEC recognized the futility of prolonging this fight” he said. “Courts clarified that XRP isn’t a security, and the agency had to adapt.”The case drew attention as a test of how U.S. regulators would treat digital assets. Alderoty noted the outcome provides clearer guidelines for companies using cryptocurrencies. “The market now understands that assets like XRP can exist outside strict securities frameworks” he added.Legal experts suggest the SEC’s retreat reflects a broader reassessment of crypto enforcement. John Reed Stark, a former SEC official, stated that the agency may now prioritize cases with stronger evidence of fraud or investor harm.XRP’s price rose 12% in the week following the SEC’s announcementETHNews analysts linked the increase to reduced regulatory uncertainty. Ripple’s partnerships with financial institutions, including Santander and Standard Chartered, have expanded since the rulings, with XRP used to facilitate cross-border payments.Alderoty emphasized that the case’s resolution allows Ripple to focus on global growth. “We’ve spent years defending our position” he said. “Now we can build without this distraction.”The SEC’s decision does not prevent future actions against other crypto firms. However, the Ripple case sets a framework for distinguishing currencies from securities. Alderoty urged lawmakers to pass legislation formalizing these distinctions, calling current rules “reactive and inconsistent.” Congress has debated multiple crypto bills since 2024, but none have advanced to a vote. Observers say the Ripple outcome could accelerate efforts to clarify oversight.For now, the case marks a turning point for Ripple—and a cautionary tale for regulators pursuing similar claims. As Alderoty put it: “The courts have spoken. It’s time to move forward.”Source: XRP/TradingviewXRP is currently trading at $2.197, reflecting a minor -0.70% daily decline but maintaining an overall strong trend. Over the last month, it has gained +2.76%, and an impressive +330.77% over the past 6 months, with a +325.14% increase year-on-year. The token is building momentum just below $2.40, a critical resistance zone, while maintaining strong support around $2.20.Source: XRP/TradingviewFrom a technical standpoint, XRP’s structure remains bullish despite the minor correction. Price action has been consolidating below $2.40, and a confirmed breakout above this level may trigger a rapid move toward $2.80–$3.00. Whale activity is surging, with Binance receiving between 200 million and 6.9 billion XRP in deposits per day, highlighting institutional-scale movement. Additionally, $3.44 million in short liquidations occurred in the last 24 hours, suggesting strong upward pressure and liquidation imbalance in favor of bulls.The post Ripple Legal Victory Influences SEC’s Decision to End XRP Appeal appeared first on ETHNews.
You may also like
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.
Strategy Founder: The Next 10 Years of Bitcoin
In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.
340 billion valuation: Li Yanhong's largest IPO, a seat in Kunlunxin's shares is hard to come by
As a core asset in Baidu's AI landscape, Kunlun Chip is expected to exceed Baidu's market value after going public, becoming an important bargaining chip in its turnaround battle.
Stablecoins are the "royalists" of the crypto world: Open USD brings the old currency system into play
The emergence of Open USD has shifted the competition for stablecoins from the market struggle of crypto startups to a battle for infrastructure involving traditional finance, payment networks, technology platforms, and public chain ecosystems.
Cape Verde 2-3 Argentina: The Underdog Team That Stunned the World in Defeat
Cape Verde's run ended in a 3-2 defeat to Argentina, but their journey — three unbeaten draws, one heroic goalkeeper, and a fight that pushed the defending champions to the brink — is the kind of story markets recognize too: small caps can rattle blue chips long before anyone expects it.
Semiconductor stocks plummet, yet Anthropic wants to create a 2nm chip
Abandoning TSMC and teaming up with Samsung. Anthropic launches a self-developed 2nm chip program, challenging Nvidia and starting a battle to break through computing power costs.
Where is Zhao Changpeng's billion-dollar investment going? YZi Labs' investment landscape fully revealed
Zhao Changpeng's billion-dollar new "family office" YZi Labs investment landscape revealed: 70% of the funds are committed to the crypto ecosystem, while 30% are cross-industry bets on AI and biotechnology, launching a new capital experiment in the post-Binance era.
Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions
The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...
A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI
True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.
When American giants collectively "defect" from Chinese AI models
Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.
BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"
The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.
Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected
Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.
Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?
Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.
A South Korean company that learned the strategy of hoarding coins, from a bull market to delisting?
When the overall momentum of the Korean stock market is strong, this batch of cryptocurrency concept stocks, branded as the "Korean version of Strategy," finds itself at a crossroads of life and death.
The impact of OUSD on Circle, Tether, and Paxos: not a single negative factor, but a more complex reshaping of competition
OUSD will not be the last new competitor; Circle needs to respond more actively in terms of products, distribution, and ecosystem collaboration.
Li Feifei's latest long article: When video generation, robots, and NVIDIA all claim to be world models, we need a taxonomy
Language gives machines a way to talk about the world. The world model is the means by which machines ultimately understand, imagine, reason, and interact with it.
Blaming the desolation of the cryptocurrency world on the rise of AI is a form of intellectual laziness
The emergence of giants signifies a mature business model. Although it will reduce speculative space, there is also enough room for error, allowing for the continuous emergence of new forces.
Strategy Founder: The Next 10 Years of Bitcoin
In the next decade, the biggest evolution of Bitcoin is precisely "responding to change with invariance." The four-year cycle is giving way to capital flows such as ETFs, corporate and sovereign reserves, and bank credit, while digital credit and digital currency will grow layer upon layer on top of...
Forbes Special Report: Stablecoin cross-border payments are faster now, but not cheaper yet
Cross-border payments using stablecoins are rapidly expanding, bringing speed and accessibility, but due to insufficient institutional liquidity, they have not yet delivered on their promised cost savings. The technology has been validated, and regulations are improving, but the industry has not yet...
A valuation of 8 billion dollars, doubling in 8 months! What makes the crypto-friendly bank Erebor Bank stand out?
Erebor is a high-profile experiment taking place at the intersection of banking, cryptocurrency, and industrial policy.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com

