The SEC case against XRP that began in 2020 has concluded, granting the cryptocurrency unique regulatory clarity and changing its market position.
Launch of SEC Case Against XRP
In December 2020, the SEC filed a lawsuit against Ripple Labs, claiming they sold $1.3 billion worth of XRP as unregistered securities. This caused a sharp decline in XRP's price and led to mass delistings of the cryptocurrency.
XRP Community Mobilization
Despite criticism from certain circles, the lawsuit against XRP united its supporter community. The promotion of legal interests, alongside attorney John Deaton, mobilized over 75,000 XRP holders in support of the company. This created a powerful movement aimed at drawing attention to the case through social media and petitions.
Case Outcomes and XRP's Future
On August 7, 2025, both parties concluded the case, agreeing to its dismissal. The court ruling confirmed that XRP is not a security when sold on exchanges, allowing Ripple to focus on global expansion and partnerships. The legal clarity will ensure long-term growth and stability for XRP.
The conclusion of the SEC case represents a significant step for XRP, providing unique regulatory clarity that will open new horizons for Ripple and its technologies on the international stage.