đš XRP LAWSUIT EXPLAINED | FULL DETAILS đš
The long-running legal battle around XRP is finally clear. In December 2020, the U.S. SEC sued Ripple Labs, along with CEO Brad Garlinghouse and co-founder Chris Larsen, alleging that XRP was sold as an unregistered security and that Ripple raised $1.3 billion illegally.
After years of court hearings, a major ruling in July 2023 changed everything:
đč XRP sold on public exchanges was ruled NOT a security
đč Only certain institutional sales were found to violate securities laws
This decision became a landmark moment for the entire crypto industry, setting legal clarity for digital assets.
In 2025, the case officially ended when:
â The SEC dropped its appeal
â Ripple dropped its cross-appeal
â A final settlement closed the case
đ Final Result: XRP is legally recognized as NOT a security in secondary market trading, marking a huge win for Ripple and the XRP community.
â ïž This case reshaped crypto regulation and strengthened investor confidence in XRPâs future.
