BREAKING: The End of the Ripple vs. SEC Saga Finally Cаme

Ripple was penalized with a fine of only $125 million for their institutional sales, while cryptocurrency exchange transactions were declared lawful.

Judge Analysa Torres ruled that Ripple has to pay $125M in civil penalties and stop any further violations of securities laws, putting an end to the nearly four-year legal battle it fought with the U.S. regulator.

This fine is ideal for the fintech company, as the SEC had initially requested a penalty of $2 billion from Ripple.

The official court decision stated:

“The SEC’s motion for remedies and the entry of final judgment is GRANTED IN PART and DENIED IN PART. The Court shall enter a final judgment enjoining Ripple from further violations of the securities laws and imposing a civil penalty of $125,035,150.”

At the time of writing XRP is trading at $0.52, skyrocketing by more than 25% in less than 1 hour and has a 24-hour volume of around $1.68 billion. The altcoin’s market cap is currently $29.5 billion.

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The outlook on XRP is looking bearish as per TradingView’s 1-day technical analysis. The summary and moving averages point to sell with 11 and 10 signals, respectively, while ooscillators remain “neutral” at 8.

This recent court ruling is a pivotal moment for Ripple and investors are feeling positive that such a favourable outcome could give XRP a significant price boost.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.