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Ripple CLO Declares Victory as SEC Drops Appeal in Landmark XRP Lawsuit

Ripple CLO Declares Victory as SEC Drops Appeal in Landmark XRP Lawsuit

Published:
2025-08-08 06:08:32
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Ripple CLO Says It’s the End as Ripple and SEC Jointly File to Dismiss Appeal in XRP Lawsuit

Ripple's Chief Legal Officer drops the mic—the SEC just folded its appeal in the high-stakes XRP case. Here's why it matters.

After years of legal trench warfare, the SEC quietly retreated. No fanfare, no press conference—just a joint filing to dismiss. Guess even regulators get tired of losing.

The crypto industry collectively exhales. This wasn't just about XRP—it was a proxy war for clear rules. Now the precedent's set: if it's not a security at $0.30, it's not a security at $3.00.

Wall Street bankers clutching their pearls: 'But how will we extract rent from decentralized systems now?' Don't worry—they'll find a way.

|Square

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