Important Highlights
- The SEC and Ripple have decided to end the dispute by dismissing their appeals.
- The Ripple settlement still needs a final court sign-off, but that’s expected any day now.
- Once done, the case could reshape how the U.S. handles crypto and open major doors for XRP.
Ripple Settlement: Years of Drama Are Finally Wrapping Up
If you’ve been anywhere near crypto Twitter (or X?) over the past few years, you’ve probably heard about the whole Ripple vs. SEC saga. It’s been one of those cases that just… kept going.
Now, finally, it looks like the Ripple settlement is nearly finished. Both the SEC and Ripple have consented to cease their legal battle, drop their appeals, and pay their own legal fees. That alone is huge.
But here’s the catch: while both sides are saying “we’re done here,” the court still needs to officially approve it. Until that happens, the case is technically still open, but not for long.
Ripple Settlement Just Needs One Last Court Stamp
The SEC informed the court that on August 15, the legal battle of its and the Ripple was over. No more appeals. Stop arguing back and forth. And it gives us all the information we need: the matter is almost over. It is all necessary that the U.S. Court of appeals are approved. Once that happens, it’s a wrap.
Crypto lawyer Bill Morgan, who’s been watching this case closely, says the final order from Judge Analisa Torres could show up any day now.
So yeah, after nearly five years of legal noise, the Ripple settlement is about to go from “almost there” to officially done.
In Case You Forgot What This Was All About…
Back in December 2020, the SEC sued Ripple, claiming the company raised $1.3 billion by way of promoting XRP with out registering it as a security.
That lawsuit caused a storm not just for Ripple, but across the whole crypto space.
Exchanges delisted XRP. Institutions backed off. No one wanted to touch it while the question of “Is XRP a security?” was still floating around.
Fast-forward to July 2023, and Judge Torres gave a split decision: she said XRP isn’t a security when sold to regular people (retail investors), but is a security when sold to institutional investors.
Ripple became hit with a fine of $ 125 million, but all things were considered? That was way less than what they were facing. More on the background here
Why the Ripple Settlement Actually Matters for Crypto
This isn’t just about Ripple and the SEC shaking hands and calling it a day. The Ripple settlement could set the tone for how other crypto projects are treated by U.S. regulators.
That kind of clarity is a big deal. For years, the crypto industry has been asking, “Can we just get some rules?” Well, this case might not answer everything, but it’s a step in the right direction.
Once the case stops, Ripple finally U.S. Can proceed in without a legal cloud over its head. And XRP? It becomes much more attractive to banks, fintech and even institutional investors who are waiting on the sideline.
What Will Happen to XRP and Ripple Next?
The short version? Things could get very interesting.
Even before the final court order, we’re already seeing signs of renewed institutional interest in XRP. Investors who were hesitant now have a bit more confidence.
Exchanges might re-list it. Payment networks might start playing with it again.
Once the court gives the official thumbs-up, Ripple gets its clean slate and a green light to really grow again, especially in the U.S.
If you’re the type who likes tracking every update, you can keep an eye on the case right here. But honestly? You’ll probably hear about it on X or Telegram before the ink is dry.
