The ongoing legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple has entered a crucial phase, with the SEC removing Ripple-related civil actions from its website. This move comes as the lawsuit advances to the Court of Appeals for the Second Circuit, marking a significant stage in the dispute over the classification of XRP.
Ripple’s Case Moves to Appeals Court
Legal analyst Jeremy Hogan clarified the situation, explaining that while the Ripple case has been removed from the SEC’s litigation section, it has simply been moved to the “cases on appeal” section of the website. However, he pointed out that the case is still listed on the appellate court’s website, and no new filings have been made yet.
As of January 23, 2025, Ripple has formally requested an extension, setting a due date of April 16, 2025, to file its response brief. This follows the SEC’s January 15, 2025, filing, in which the agency sought to overturn key aspects of the prior district court ruling. Specifically, the SEC is challenging the decision regarding XRP sales to retail investors. The district court previously ruled that while XRP itself is not a security, Ripple’s direct sales to institutional investors were deemed securities transactions.
Another user who identified as a lawyer wrote,
The SEC website does not matter. The appeal is still open in the Court’s nationwide PACER system. I am an attorney. I just logged in. The last entry is Ripple’s request for a time extension to file its Brief. The case status is still shown as “Active.” That may change soon.
Garlinghouse Urges Crypto Unity Amid SEC Fight
Amid the SEC chaos, Ripple CEO brad garlinghouse 
brad garlinghouse
Brad Garlinghouse is an American businessman and a major crypto influencer. He is the CEO of Ripple Labs, which offers cryptocurrency and blockchain solutions. Brad has also worked at Hightail, AOL, and Yahoo in prominent positions. Ripple Labs has backed several blockchain startups and investors to grow decentralized finance. Brad sees crypto as a tool for financial freedom and has worked with other influencers in this regard.
Quick Facts
Full Name
Bradley Kent Garlinghouse
Birth
06-02-1971, in Topeka, Kansas
Nationality
American
Education
Bachelor's degree in Economics, MBA from Harvard Business School.
Marital Status
Married to Kristen Elizabeth Mautner
Net Worth
$10B (Refer here)
Ripple's native token, XRP is among the top digital assets. As per CoinGape, Brad's company has $100 billion worth of XRP tokens in its reserve. This will help further innovation in Web3 and blockchain projects. As per reports surfing on Binance’s blog, Brad Garlinghouse may step down as CEO of Ripple to join the Crypto Advisory Council, which is led by President Trump. This significant event will boost the adoption of decentralized finance and blockchain growth.
Brad Garlinghouse: Trivia
2007: Served as Senior VP at Yahoo!, heading communications and consumer products.
2012: Became CEO of Hightail, leading digital file-sharing innovations.
2015: Joined Ripple as COO to push blockchain adoption in cross-border payments.
2017: Became CEO of Ripple, driving XRP adoption and blockchain partnerships.
2020: Led Ripple’s defense against the SEC lawsuit over XRP’s security status.
2021: Expanded Ripple’s ODL (On-Demand Liquidity) network for global crypto payments.
2023: Got a partial success against the SEC, declaring XRP as not a security.
2024: Continue leading Ripple in CBDC collaborations and global blockchain finance.
2025: May join Trump's Crypto Advisory Council to set regulations.
Notable Works & Achievements by Brad Garlinghouse
Year
Achievements
Details
2003
Wrote the 'Peanut Butter Manifesto' at Yahoo!
Highlighted Yahoo!'s lack of focus in operations.
2015
Joined Ripple as Chief Operating Officer
Took measures to integrate blockchain technology into banking systems.
2017
Appointed CEO of Ripple
Expanded Ripple's global partnerships, enhancing cross-border payment solutions.
2020
Named in Forbes' List of Wealthiest in Cryptocurrency
Recognized for significant contributions to the crypto industry.
2023
Legal Victory in SEC vs. Ripple Case
Achieved a favorable ruling impacting cryptocurrency regulations.
Other Useful Links To Connect with Brad Garlinghouse
Platform
Link
X (formerly Twitter)
https://twitter.com/bgarlinghouse
LinkedIn
https://www.linkedin.com/in/bradgarlinghouse
Ripple’s Website
https://ripple.com/leadership/brad-garlinghouse/
EntrepreneurInvestorChief Executive OfficerBoard Member
recently shared his thoughts on the crypto market, calling for an end to maximalism and urging the industry to work together. Garlinghouse, who holds XRP, Bitcoin, and Ethereum, said that the crypto space needs to embrace multiple assets for long-term growth.
Meanwhile, in broader crypto news, former Treasury Secretary nominee Scott Bessent, known for his pro-Bitcoin stance, has been confirmed. This adds to the growing number of pro-crypto politicians entering the scene, signaling a more crypto-friendly environment in the U.S.
FAQs
Did Ripple win the lawsuit? Ripple (XRP) has secured regulatory clarity in the lawsuit driving a positive price action.
