Ripple News – SEC Drops Case Against Ripple, XRP Price Surges

Ripple's Legal Victory: What It Means for the Crypto Market In a groundbreaking development in the world of cryptocurrency, Ripple Labs has secured a major victory as the U.S. Securities and Exchange Commission (SEC) officially dropped its case against the company. This decision has sent shockwaves through the crypto community, leading to a sharp increase in XRP's price and sparking fresh investor interest. For years, Ripple news has been dominated by its legal battle with the SEC. The lawsuit, which began in December 2020, accused Ripple of conducting an unregistered securities offering by selling XRP tokens. However, Ripple has consistently denied these allegations, arguing that XRP is not a security. SEC's Surrender: A Turning Point for Ripple After multiple legal setbacks, the SEC has finally decided to drop the case. Ripple CEO Brad Garlinghouse took to social media, declaring the decision a "long-overdue surrender" by the SEC. This legal victory not ...