SEC Case Against Ripple and XRP Officially Concluded In a Recent Litigation Release
Main Idea
The SEC's legal case against Ripple Labs and its executives has officially concluded with a joint stipulation to dismiss all pending appeals, including a $125 million civil penalty and an injunction against Ripple.
Key Points
1. The SEC and Ripple Labs, along with executives Bradley Garlinghouse and Christian A. Larsen, agreed to dismiss all pending appeals, ending the nearly five-year litigation.
2. The U.S. District Court imposed a $125,035,150 civil penalty on Ripple and issued an injunction against the company.
3. XRP's price dropped by 1.31% in the past 24 hours following the announcement of the case's conclusion.
Description
The long-running legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has officially concluded, according to a new SEC document. A post referenced the SEC’s Litigation Release No. 26369, dated August 7, 2025, which confirmed that the Commission had reached a joint stipulation with Ripple Labs, along with executives Bradley Garlinghouse and Christian A. Larsen, to dismiss all pending appeals. According to the SEC’s statement, the stipulation covers both the Commi...
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