- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
SEC ends Ripple lawsuit after admitting lack of clear guidelines
By: bitcoin ethereum news|2025/05/03 20:15:01
0
Share
After a high-profile legal battle that spanned over four years, the U.S. Securities and Exchange Commission (SEC) officially closed its lawsuit against Ripple. In a one-minute video posted on X, Ripple’s Chief Legal Officer Stuart Alderoty attributed the SEC’s retreat to regulatory ambiguity. In the newest Crypto In One Minute, Ripple’s Chief Legal Officer @s_alderoty explains why the SEC dropped its appeal against Ripple in March 2025, and where the US is going with smart crypto regulation on the horizon: https://t.co/HJ4wTBWDmx Protecting consumers ... pic.twitter.com/KD9bi66sGI — Ripple (@Ripple) May 2, 2025 Alderoty summed up six years of litigation in a few words, pleading that the SEC cannot justify enforcement without first giving legal clarity. “You can’t sue someone before you explain the rules,” he said, criticizing the agency’s approach to crypto oversight. A quiet yet impactful victory that Ripple was able to win was having the SEC drop the case after the SEC itself withdrew its final appeal in March 2025. However, legal observers view the move as an admission that the SEC’s case had no strong regulatory foundation. With the lawsuit behind them, Ripple is now ready to start working with lawmakers, according to Alderoty. He also stressed the need to leave the courtroom and focus on cleaning up regulatory confusion that has plagued the crypto sector for quite some time. The firm has indicated that it intends to work with Congress in pursuit of a legislative approach to supporting innovation, not at the expense of compliance. Ripple expands its connections Now that the lawsuit is behind it, Ripple has its focus back on expanding globally. The company recently purchased Hidden Road in an acquisition for $1.25 billion, which bolsters the company’s position in both brokerage and traditional finance settlement. In a bolder move, Ripple allegedly increased its proposed offer to acquire Circle’s USDC issuer to more than $20 billion from $5 billion. Bloomberg sources said the deal is being actively negotiated. If Ripple succeeds, it will take possession of the world’s second-biggest stablecoin and change the balance of power in the stablecoin market. The acquisition comes as Circle has recently filed for a U.S. IPO and is taking a cautious approach in public markets. Ripple’s international progress is also marked by its payment corridor developments. Ripple continues to work with SBI Remit in Japan to power faster, cheaper remittances, using XRP as a bridge asset. It joins MoneyGram and Stellar in creating real-world utility for crypto in cross-border payments. Ripple’s model cuts down on foreign exchange costs and allows users to eliminate the necessity of pre-funded accounts in underbanked markets. XRP ETF odds climb The growing prospect of an XRP spot ETF approval has grabbed the market’s attention. Polymarket data shows that the probability of approval by the end of 2025 has risen to 78% from 65% in recent weeks. Analysts say that the SEC’s passive stance and quiet acceptance that XRP ETF filings can be filed indicate that approval could already be happening. If approved, the XRP ETF will expose institutional and retail investors to XRP while avoiding the need to hold the token directly. The move would follow in the footsteps of Bitcoin and Ethereum ETFs, which have already opened the floodgates on capital inflows. XRP is trading at $2.20 after rising over 5% over the last 24 hours. The coin’s volume is currently over $2.1 billion. Investor behavior also points to optimism. However, Santiment also noted that whale wallets holding between 10 million and 100 million XRP have added 200 million tokens this week. Cryptopolitan Academy: Want to grow your money in 2025? Learn how to do it with DeFi in our upcoming webclass. Save Your Spot Source: https://www.cryptopolitan.com/sec-ends-ripple-lawsuit/
You may also like
The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?
Wall Street asset management giant Apollo Global Management invested $160 million in Morpho.
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
The little deer live by the water and grass
Mining companies have never been the most devout believers in Bitcoin. Under the pressures of halving compressing profits, financial reports showing revenue growth without profit increase, and coin prices falling below mining costs, the industry is collectively de-risking.
The world belongs to Chinese people who speak English
The world is vast, and only playing half of it is truly a loss.
Why Stop at 126K? Michael Saylor Breaks Down BTC Stagnation and Retail Absence Truth
Bitcoin is digital capital, and I will spend a thousand hours explaining it to you. Eventually, you will understand, but you will still have to endure a 45% crash.
Virtuals Protocol's inaugural Titan project: ROBO aims to give a wallet to a robot
This is a key step in Virtuals expanding the Agent Economy into the Embodied AI and Robotics field.
Stablecoin Latest Report: Actual Distribution and Circulation Much More Notable Than Supply
The Truth about Stablecoin Circulation Speed, Concentration, and Structure After Doubling the Supply
Paradigm's New Arithmetic: When Crypto Can't Hold 12.7 Billion, AI Becomes the Answer
It took Paradigm three years to emerge from the ruins of FTX.
Wintermute Founder: In the Lost Cryptocurrency Market, What Can We Still Do?
This is more like a manifesto, discussing "the very reason we are here."
$1.3 Billion Debt: BitDeer Faces Tough Battle
Wu Jihan is waiting for AI's money to catch up with the speed of debt.
Anthropic's IPO Gamble: At the Most Unlikely Moment, It Chose to Say No
In the AI Era, what is the most valuable thing?
Paradigm's Math Problem: $12.7 Billion, Too Big for a Single Crypto Fund
Emerging from the ruins of FTX, Paradigm took three years
Ethereum Unveils Scaling Roadmap, What's Different This Time?
Short-term improvements to execution efficiency through the Gas mechanism optimization and block validation parallelization, and long-term scalability through ZK-EVM and blobs data architecture.
Anthropic Ban Wave, OpenAI $100 Billion Funding Controversy: What Is the Overseas Crypto Community Talking About Today?
What Have Foreigners Been Most Interested in Over the Last 24 Hours?
The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?
Wall Street asset management giant Apollo Global Management invested $160 million in Morpho.
Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
In the dataset, transfers are no longer simply labeled as pure "transaction volume," but are classified as different on-chain activities. This is the difference between "just knowing that $100 trillion has been transferred" and "understanding why it was transferred."
Stripe Annual Letter: New cognitive density is extremely high, especially the 5-level model of "AI + Payments"
Every trend here is affecting everyone's future survival.
Sam Altman's Twenty-Four Hours: The Pentagon said "no" twice, but only one was serious
In Silicon Valley, Altman's sub-12-hour move has a name. It's not called backstabbing, it's called timing.
The US-Iran Conflict Spreads to the Crypto Space: What to Expect in the Market on Monday
The most important industry in the crypto world, only 300 kilometers away from the missile's impact point
Lily Liu, the chair of the Solana Foundation, shouted "Don't waste time on crypto," is the crypto industry really dead?
The interest of the younger generation is shifting from cryptocurrency to the field of artificial intelligence, which coincides with the current phenomenon in the cryptocurrency industry.
App