Ripple Court Battle with SEC: XRP Investors Anticipate Significant events in August
The long-running Ripple v. SEC lawsuit has reached its conclusion, with both parties jointly filing to dismiss their respective appeals on August 7, 2025. This marks the definitive end to a legal battle that began in December 2020.
The final judgment from the district court in July 2023 found that XRP sales to retail investors on secondary markets did not constitute securities transactions. However, Ripple’s institutional sales of XRP were found to violate securities laws, resulting in a $125 million fine and a permanent injunction against further violations.
Since then, no further litigation is expected. The joint dismissal stipulates that each party will bear its own legal costs. The SEC’s withdrawal of the appeal means the prior ruling stands as final legal authority.
Despite some anticipation for a decision by August 15, 2025, it is important to note that the case has already been fully resolved, and no pending decisions or appeals are left. The matter is conclusively settled as of early August 2025.
The resolution of the lawsuit has been positively received by the market, with XRP’s price showing positive movement, indicating reduced regulatory uncertainty.
Bill Morgan, an XRP enthusiast, has clarified that it seems unlikely that the parties will request an extension. Marc Fagel, a former SEC regional director, echoes this sentiment, stating that the courts have nothing to do at this moment as the appeal is on hold pending the Aug. 15 status report.
If Ripple and the SEC dismiss their appeals by Aug. 15, the lawsuit is essentially over. All that remains is for SEC commissioners to vote on dismissing the appeal and for both parties to take the final step of dismissing their respective appeals.
The XRP community is keeping a close eye on what happens next and expressing anticipation on social media. It is expected that the SEC will also drop its cross-appeal in the same legal case. The legal tussle between Ripple Labs and the U.S. Securities and Exchange Commission has a key date on Aug. 15 for a status report.
In the aftermath of the Ripple v. SEC lawsuit, crypto enthusiasts like Bill Morgan are eagerly watching for any updates, anticipating that the XRP community will celebrate if Ripple and the SEC dismiss their appeals by August 15, 2025, as crypto news outlets spread stories about positive movement in XRP's price due to reduced regulatory uncertainty in sports discussions.
