Coin Edition 2025-03-19 16:11:22

Ripple Wins Big (Again): SEC Drops Appeal in XRP Lawsuit – What’s Next for the Company and XRP?

SEC to drop appeal in its Ripple lawsuit, signaling end to years-long legal battle. Ripple’s legal victory could boost banking partnerships, with major institutions eyeing RippleNet. XRP’s market value surges 10.96%, signaling optimism following legal developments. Ripple CEO Brad Garlinghouse has confirmed the big news: the U.S. Securities and Exchange Commission (SEC) is going to drop its appeal in the long-running lawsuit against the company. This legal battle kicked off back in December 2020, when the SEC accused Ripple of selling XRP as an unregistered security. Garlinghouse’s announcement on March 19 is a clear sign of victory in this multi-year fight, bringing it much closer to the finish line. The CEO made the statement right before the Digital Asset Summit in New York, emphasizing just how important this outcome is for both Ripple and the entire crypto market. What Was the SEC Accusing Ripple Of? The SEC initially filed its lawsuit against Ripple in December 2020, claiming that the company had conducted a massive $1.3 billion unregistered securities offering through the sale of XRP. For the past four years, Ripple has been vigorously fightin… The post Ripple Wins Big (Again): SEC Drops Appeal in XRP Lawsuit – What’s Next for the Company and XRP? appeared first on Coin Edition .