SEC Officially Drops XRP Lawsuit, Ripple Celebrates Landmark Victory

Key Takeaways:


  • The SEC just dropped its lawsuit against Ripple, bringing an end to a protracted court battle.

  • The court decision means that XRP is not classified as a security under current laws.

  • This ruling is expected to shape the future regulatory environment for cryptocurrencies in the United States.

  • The U.S. Securities and Exchange Commission (SEC) has officially dismissed its lawsuit against Ripple, the company behind the XRP cryptocurrency, in what is being hailed as a watershed moment for the cryptocurrency industry. Friday’s announcement by Ripple Chief Executive Brad Garlinghouse finally ends a legal battle that started back in 2020 and had serious ramifications for many, including XRP holders, and the wider digital asset market.



    XRP Goes Sky High After Ripple’s Legal Victory as Garlinghouse Declares “War on Crypto”


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