The lawsuit between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs has concluded with a significant ruling that upholds previous sanctions against the company.
Overview of the Lawsuit
In December 2020, the SEC filed a lawsuit against Ripple Labs, CEO Bradley Garlinghouse, and Chairman Christian A. Larsen, alleging that the sales of XRP tokens by Ripple violated securities laws.
Court's Decision on Appeals
On August 7, 2025, the SEC filed a joint waiver to withdraw their appeals. The Second Circuit Court approved this request, officially ending the appeals process in the case.
Conclusions and Consequences
Thus, the $125 million penalty and injunction decision made by the trial court will remain in effect. This marks the conclusion of the over four-year struggle between SEC and Ripple.
The outcome of this lawsuit holds significance for the cryptocurrency market as it reinforces regulatory strictness and potential implications for other market participants.
