Ripple vs SEC Update: Did SEC Admit Defeat? XRP Price Soars!

Ripple Labs is close to a major victory in its ongoing legal fight with the U.S. Securities and Exchange Commission (SEC). Recent developments suggest that the SEC may not appeal Judge Torres’ favorable ruling for Ripple. Ripple executives, including CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty, are optimistic about the outcome but acknowledge the chance of a cross-appeal if the SEC disputes specific parts of the ruling.

What should you expect next? Read on.

SEC Reassesses Crypto Asset Classification

In a significant move, the SEC has amended its complaint in the Binance case, signaling a shift in how it views cryptocurrency assets. The agency has stopped using the term “crypto asset securities” but still considers certain tokens—like Solana (SOL) and Cardano (ADA)—as securities in secondary markets. This change follows a U.S. district court ruling in a related case involving Kraken, which questioned the SEC’s broad classification of crypto assets as securities.

Experts Lash Out

Attorney Fred Rispoli has criticized the SEC’s recent actions, calling its investor alert a “scam” in a post on X (formerly Twitter). Rispoli pointed out that the SEC continues to use the term “crypto asset securities” in its filings, despite telling a federal judge that the term doesn’t exist. This highlights the growing frustration with the SEC’s unclear stance on crypto assets.

Here’s Why the Ripple Case Matters

If the SEC appeals and loses, it could set a legal precedent that weakens its future cases in the crypto space. Ripple’s legal team believes that a loss for the SEC would challenge its approach to crypto regulation and influence future legal battles. This potential outcome may make the SEC less likely to appeal unless new evidence or clearer regulations are introduced.

Ripple’s partial win in its case against the SEC is already bringing more regulatory clarity. Recent launches like the Grayscale XRP Trust and the CME XRP Index are evidence of XRP’s growing acceptance within traditional finance, further boosting its credibility and market presence.

XRP Price Rises with Investor Confidence

Ripple’s legal success has also positively affected XRP’s market performance. The cryptocurrency’s price has risen by over 9% in the past week, now trading around $0.57. The launch of the Grayscale XRP Trust, which opens the door for a possible XRP ETF, has further boosted the price. This rise reflects growing investor confidence in Ripple’s legal position and hopes for more regulatory clarity.

As Ripple’s legal situation improves, XRP’s price is likely to keep benefiting from these positive changes.

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What do you think about the SEC’s changing stance on crypto assets? Share your thoughts.