Information about the case between Ripple and the SEC has sparked discussions following rumors of a potential imminent settlement. However, there is no official confirmation of the case conclusion at this time.
Current Situation of Ripple and SEC Case
Currently, the case information between Ripple and the SEC is not available in the 'Litigation Releases' section on the SEC's website, leading to speculation about its conclusion. However, the case has been moved to the 'Court of Appeals' section, indicating that legal proceedings are still ongoing.
Misinformation on Social Media
Social media has become a source of misinformation, where users and influencers present the absence of information on the SEC's website as proof of an imminent settlement. Yet, there are no official statements from Ripple or the SEC regarding the case's conclusion, and rumors of a solution within 24 hours are unfounded.
History of Ripple and SEC Conflict
In 2020, the SEC accused Ripple of selling XRP as an unregistered security and filed a lawsuit. In July 2023, a court ruled that XRP sales on exchanges were not securities, but sales to institutional investors were. Ripple has requested an April 16, 2025, deadline to respond in the ongoing case, while the SEC has filed an appeal challenging the court’s decision.
Despite rumors, no official statement about the conclusion of the case between Ripple and the SEC has been made. Legal proceedings are ongoing, and a final decision has yet to be reached.
