XRP News Now Confirms the Ripple vs SEC Lawsuit is Officially Over

This XRP lawsuit outcome paves the way for clearer crypto regulations as Ripple partners with lawmakers to draft fair rules. By Cointelegraph.

The cryptocurrency industry is abuzz with anticipation as a major legal battle is finally over, paving the way for a new chapter in the U.S.

The last time the SEC appealed against a lower court ruling in a crypto case was in 2022 when it tried to overturn a judge’s decision on Bain Capital's crypto fund. However, the agency withdrew that appeal in March 2025.

What Happened?

The crypto community is used to the U.S. SEC shutting down crypto firms and starting new lawsuits. But in a recent Crypto In One Minute episode, Ripple’s Chief Legal Officer, Stuart Alderoty, had some good news.

He confirmed that the SEC has officially dropped all crypto cases and closed out its final appeal in March. This marks the end of an era, as the agency has been involved in several crypto-related lawsuits for years.

Among the cases that were closed was the SEC’s case against Ripple. The agency sued Ripple in 2020 over the alleged sale of unregistered securities in the form of XRP tokens.

After years of legal battle, a U.S. District Judge ruled in December 2023 that the SEC failed to prove its case and that the agency’s actions were “unreasonable, arbitrary, capricious and abuse of discretion.”

Despite the lower court judge’s ruling, the SEC planned to appeal the decision in March 2025. However, the agency ultimately decided not to pursue the appeal any further.

Crypto Analyst Reacts

After the news broke on social media, a crypto analyst at Vincent Van Code was quick to react, noting that a lot of people still seem to think the case isn’t over yet.

But Alderoty’s statement clearly confirms that the case is done, and he even ends his statement with a few simple words: “And that’s a fact.”

What’s Next?

Now that the case is closed, the focus shifts to Congress, where lawmakers are working on legislation to regulate crypto in a more comprehensive manner.

Recently, House Financial Services Committee Chair Maxine Waters (D-CA) and Ranking Member Steve Scalise (R-LA) announced the introduction of a bipartisan legislation to create a framework for regulating digital assets.

The goal is to provide clarity to the industry and protect investors from fraud.

In total, there are four key priorities for new crypto laws:

protecting consumers from scams,which siphon billions of dollars annually.

ensuring sound market practices to prevent market abuse and promote fairness.

deterring bad actors and holding criminals accountable for exploiting digital assets.

Finally, supporting responsible innovation to foster the development of technologies that can benefit the economy and society.

The aim is to create an ecosystem where digital assets can flourish without posing undue risk to the public good.

Earlier in May, Ripple’s Executive Chairman, Chris Larsen, met with new SEC Chair, Paul Atkins.

Appointed under a more crypto-friendly administration, Atkins has already signaled a shift in the SEC’s stance, stating that the agency should be focused on supporting the industry rather than impeding it.

This meeting could be crucial in advancing discussions about XRP’s status and how Ripple’s technology can contribute to the future of finance.

As the industry awaits updates on administrative actions pertaining to crypto, industry analysts are also sharing their insights.

Bloomberg’s Eric Balchunas highlighted the significant progress made in the past few months.

With the SEC case now closed and no outstanding administrative actions pending, Balchunas predicts an 85% chance of an XRP ETF approval in 2025.

This would be a major milestone for the crypto industry, as it would open up new avenues for investors to gain exposure to digital assets in a more accessible format.

The post It's Official: SEC Drops Final Appeal In March 2025 Case, Closing Case Against Ripple Completely