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  • The Ripple Lawsuit Vanishes from SEC Website: What Does This Mean for XRP?
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The Ripple Lawsuit Vanishes from SEC Website: What Does This Mean for XRP?

Sean Williams 29 January 2025
US law courts withRipples XRP in the backgroud
  • The SEC has quietly removed all references to its lawsuit against Ripple Labs from its website, leading to speculation that the agency may be reconsidering its stance on crypto regulation under new leadership.
  • While the case remains active in federal court, this development has fueled questions about the future of Ripple and its native token, XRP, which is currently experiencing a modest rally.

The lawsuit between Ripple Labs and the US Securities and Exchange Commission (SEC) has taken an unexpected turn, leaving the crypto world speculating about the future of both Ripple and its native cryptocurrency, XRP. The SEC has quietly removed all references to this high-profile case from its website, a move that has sparked a wave of questions from the crypto community.

A Sudden Disappearance: What Happened?

The Ripple lawsuit, which began in December 2020, has been a defining case in the ongoing debate about how digital assets should be regulated. The SEC accused Ripple of selling XRP as an unregistered security, a charge that Ripple CEO Brad Garlinghouse has consistently criticized, particularly during former SEC Chair Gary Gensler’s tenure.

As of January 29, 2025, there are no longer any references to this case on the SEC’s official website. A search for Ripple-related legal matters now yields zero results. This omission is especially notable because other high-profile crypto cases, like those involving Kraken and Coinbase, remain available for public viewing. The disappearance of the Ripple case has led many to question whether the SEC, under new leadership following the Trump administration, has silently decided to drop the lawsuit.

Ripple’s Battle Still Ongoing in Court

Despite its sudden removal from the SEC website, the Ripple case remains active in federal court, tracked by PACER, the official court records database. This means that while the SEC has removed any public reference to the lawsuit, the legal battle is far from over.

This curious move by the SEC has many in the crypto world wondering about its stance on cryptocurrency regulation. Could this be a sign that the SEC is reevaluating its approach to the crypto market under the new leadership? If so, it could lead to significant changes in how digital assets like XRP are treated by regulators in the future.

XRP’s Rally: A Glimmer of Hope?

The timing of the SEC’s removal of the Ripple lawsuit coincides with a modest rally in XRP’s price, which is currently up by 1.08% at $3.09. The sudden disappearance of the case from the SEC’s website has fueled speculation that XRP’s legal troubles may be on the verge of resolution, potentially giving the cryptocurrency a boost.

Ripple CEO Brad Garlinghouse has also expressed a broader vision for the future of digital assets in the US. Recently, he called for a diversified approach to the country’s crypto reserves, advocating for a balance between Bitcoin, XRP, and other major cryptocurrencies. His comments reflect a growing push for a more inclusive and less adversarial regulatory environment for the crypto industry.

What’s Next for Ripple and XRP?

The future of the Ripple lawsuit may still be unclear, but the latest developments suggest that both Ripple Labs and XRP may be on the cusp of a new chapter. With the case still active in court and a possible shift in SEC enforcement strategies, the crypto community is watching closely to see how this case unfolds.

Whether the lawsuit’s disappearance from the SEC website is a sign of things to come or just a temporary glitch remains to be seen. However, one thing is clear: the Ripple saga is far from over, and its impact on the world of cryptocurrency regulation will be felt for years to come.

Continue Reading

Previous: Terra Luna Classic (LUNC) Faces Steep Decline: What’s Behind the Drop?
Next: Ripple Stablecoin Reaches New Milestone: 1,050,000 RLUSD Minted

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