Ripple-SEC: Appeals Dropped, $125M Penalty Upheld
On August 7, 2025, the Second Circuit approved a joint waiver dismissing all appeals in the Ripple-SEC case. The original District Court decision now stands, upholding a $125.035 million civil penalty and an injunction under the Securities Act. This ends the more than four-year legal battle against Ripple Labs, CEO Bradley Garlinghouse and Chairman Christian A. Larsen over XRP token sales. With appeals dropped, the Ripple-SEC case provides clear legal status for XRP. The resolution removes a key source of regulatory uncertainty. XRP’s price dipped 1.3% to around $3.13 post-ruling. Traders can now focus on Ripple’s operational developments and reassess XRP’s risk profile.
Bullish
The final dismissal of appeals in the Ripple-SEC case removes a major regulatory overhang for XRP. Upholding the $125 million penalty and injunction brings legal certainty, which typically boosts investor confidence. Although XRP saw a brief 1.3% pullback, the long-term outlook improves as traders refocus on Ripple’s business developments rather than litigation risk. This clarity supports a bullish case for XRP price stability and potential upside.