- The SEC quietly removed references to its Ripple lawsuit from its website, sparking speculation about the case’s resolution.
- Legal experts noted the case still appears active in court records, though this could change soon.
- XRP’s price remains steady as the crypto community anticipates confirmation of the lawsuit’s status.
In a surprising twist, the SEC appears to have silently dropped its lawsuit against Ripple. References to the case were removed from the Commission’s official website, sparking confusion and speculation across the crypto community. Interestingly, other lawsuits against companies like Kraken and Coinbase remain listed.
Ripple vs. SEC: Is the Saga Finally Over?
The Ripple vs. SEC case has been a defining topic in crypto since it began four years ago. Rumors of a settlement or resolution have often caused XRP prices to skyrocket. Following President Trump’s election victory in November, XRP surged over 400%, fueled by optimism that the lawsuit would be dropped under the new administration.
But until recently, the SEC seemed intent on pursuing the case, even filing an appeal not long ago. Now, social media is buzzing with reports that all mentions of Ripple have been quietly scrubbed from the SEC’s litigation section.
Crypto influencer John Squire wrote on X, “Is Ripple Free from the SEC? I searched for ‘Ripple’ in the SEC’s litigation section—no results! Did the legal battle just end? If true, this could be a historic moment for XRP.”
If accurate, this would mark a major turning point for Ripple and the broader crypto industry, signaling a shift toward more pro-crypto regulation since Trump’s inauguration.
Confusion Among Legal Experts
Not everyone is convinced the case is over. One attorney, using the PACER court system, confirmed that the Ripple appeal is still listed as active:
“The SEC website doesn’t mean much. The appeal is still active in PACER. The last entry is Ripple’s request for a time extension to file its brief,” he said.
However, the attorney acknowledged that this situation could change quickly, adding, “The SEC’s recent actions are still unclear, and this could signal a transition in their approach to crypto enforcement.”
What’s Next for XRP and Ripple?
So far, this development hasn’t caused significant price movement for XRP. But if the lawsuit is officially dropped, it would solidify Ripple’s standing in the crypto ecosystem and set a powerful precedent for other blockchain projects facing regulatory scrutiny.
Ripple CEO Brad Garlinghouse has previously criticized former SEC Chair Gary Gensler for prolonging the case, and if the lawsuit has indeed been dropped, it could validate his criticism.
Many industry experts believe this is just the beginning of a broader regulatory shift under the Trump administration, with federal agencies expected to scale back anti-crypto enforcement efforts in the coming months.
For now, the crypto world waits with bated breath to see whether the Ripple-SEC legal battle has truly come to an end—or if this is just another chapter in the ongoing saga.
