The legal dispute between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has officially concluded.
Funding and Amounts in the Ripple Case
The case, initiated in December 2020, resulted in a $125 million fine and a permanent injunction against the sale of XRP to institutional investors. Previously, Judge Analisa Torres ruled that XRP sold to retail investors was not a security, while institutional sales were subject to securities laws.
Impact on the Crypto Industry
This ruling has become one of the most discussed in the crypto industry, influencing how regulators approach digital assets. It reflects a broader shift in SEC policies, which is starting to show more flexibility towards crypto projects with clear purposes and utility.
Prospects for New Projects in the Market
With the conclusion of the Ripple case, opportunities arise for new projects such as Tapzi, which is developing Web3 gaming ecosystems. As the market evolves and new sectors emerge, such as blockchain gaming and DeFi, it is clear that projects with real utility may receive greater support and development.
The conclusion of the Ripple case and its implications could open new opportunities for innovation in the crypto industry, while the focus on functionality and transparency will be a key factor for the success of future projects.