Massive Win for Crypto: SEC Lawsuit Against Ripple Ends – XRP Declared Not a Security!

Jakarta, Pintu News – After four years of court battles, Ripple XRP->Current XRP PriceRp 0Market Cap-Trading Volume-Circulating Supply- has finally won its lawsuit against the United States Securities and Exchange Commission (SEC).

The SEC officially dropped its charges against Ripple, ending a long debate over the legal status of XRP.

Ripple Wins Big in Lawsuit Against SEC

Ripple CEO, Brad Garlinghouse, announced this news via his X (formerly Twitter) account on March 19, 2025. He called this decision a big win for Ripple and the entire crypto industry.

Read also: Hashdex Files Proposal with SEC: XRP & Cardano Ready to Enter Nasdaq Crypto ETF!

In her statement, Garlinghouse emphasized that this lawsuit should never have happened in the first place.

“I can finally announce that this case is over. It’s over,” Garlinghouse said in a video address. “Sitting here today and reflecting on the past four years, it seems very clear to me that this case was doomed from the start.”

This decision also had a positive impact on the XRP price. After the announcement, the XRP price jumped by more than 13%, from IDR 36,870 to IDR 42,757, based on data from Pintu Market.

XRP Officially Not a Security

One of the main implications of this decision is the recognition that XRP is not a security under current law. Courts have previously held that XRP does not meet the criteria of being a security, and this ruling now sets a strong legal precedent.

Garlinghouse emphasized that this victory paves the way for clearer and fairer policies in crypto regulation.

According to him, the crypto industry now has a stronger legal basis to fight against the over-regulation efforts by the SEC.

“We won on every crucial legal point. XRP is not a security. This is now the law of the land,” said Garlinghouse.

SEC’s Changing Attitude towards Crypto

The SEC’s decision to drop this lawsuit reflects a major shift in the regulator’s approach to the crypto industry.

Under the leadership of Interim Chairman Mark Uyeda, the SEC has withdrawn from more than 10 major crypto-related cases, including suits against Coinbase, Uniswap Labs, and Kraken.

Read also: Shocking XRP Prediction: Could Its Price Skyrocket to $70? Top Crypto Analysts Weigh In!

Many see this move as an admission that the SEC’s previous strategy, which was aggressive towards the crypto industry, has failed. Garlinghouse even called the SEC’s approach under Chairman Gary Gensler a “campaign of intimidation” against the crypto industry, rather than a true investor protection effort.

According to recent reports, the SEC is also considering classifying XRP as a commodity, similar to Ethereum ETH->Current ETH PriceRp 0Market Cap-Trading Volume-Circulating Supply-. This further strengthens Ripple’s position in the crypto regulatory debate in the United States.

The Future of Crypto After Ripple’s Victory

Garlinghouse called the end of the lawsuit the end of the “war on crypto” in the US. He hopes that Ripple’s victory will inspire other crypto companies to challenge unfair regulations.

“We are now closing a chapter in crypto history. I believe we are all stronger for this legal victory,” Garlinghouse said.

He also highlighted the increasing political support for crypto in the US, including the victory of pro-crypto politicians in elections and new leadership that is more open to sensible regulation. With this momentum, Garlinghouse hopes the US can become a global crypto hub.

Overall, the end of the SEC’s lawsuit against Ripple marks an important moment for the crypto industry. Not only does this decision secure XRP’s position as an asset that is not a security, but it also gives a strong signal that the regulatory approach to crypto should be clearer and fairer.

With the support of a stronger crypto community, clearer regulations, and growing innovation, the future of the crypto industry is looking brighter. Ripple and the XRP community can now move forward without the shadow of legal uncertainty that has been weighing them down.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• BeInCrypto. SEC Drops the XRP Lawsuit Against Ripple. Accessed on March 19, 2025
• Cointelegraph. SEC will drop its appeal against Ripple, CEO Garlinghouse says. Accessed on March 19, 2025
• Crypto Briefing. Ripple Lawsuit Ends as SEC Drops Case. Accessed on March 19, 2025