The U.S. Securities and Exchange Commission (SEC) is reportedly on the verge of concluding its years-long legal battle against Ripple Labs, the company behind the XRP cryptocurrency, according to sources cited by former FOX Business journalist Eleanor Terrett on March 12, 2025.
The SEC initiated its lawsuit against Ripple in 2020, marking one of the most significant and protracted legal disputes between the regulator and a crypto firm. Terrett indicated that the case is “in the process of wrapping up,” aligning with the SEC’s recent trend of closing multiple investigations and cases, including those against Coinbase, Kraken, and Gemini, signaling a potential shift under new leadership following Gary Gensler’s departure.
I have a Theory about the SEC’s unexplained delay in dismissing the @Ripple case.
It might not be the SEC.
It could be that @Ripple is negotiating hard to get the SEC to agree to vacate some or all of Judge Torres’ decision.
The Torres decision was unquestionably GREAT for…
— MetaLawMan (@MetaLawMan) March 1, 2025
Legal experts suggest the SEC may be seeking a fresh start, focusing on cases not involving fraud, which could explain the move to resolve the Ripple case. However, delays in reaching a final agreement stem from Ripple’s legal team, who are pushing for “favorable terms” regarding the $125 million penalty imposed by Judge Analisa Torres in August 2024 and the permanent injunction barring Ripple from selling XRP to institutional investors.
Ripple’s lawyers argue that accepting the current ruling would imply admitting wrongdoing, a position the company vehemently denies, viewing the SEC’s actions as an unjust attack that has harmed its business, token, and the broader market. Pro-crypto attorney James Murphy, known as MetaLawMan, recently theorized that these negotiations are the primary bottleneck, as Ripple seeks clarity under the SEC’s new leadership and Trump’s pro-crypto administration. Stay informed on crypto regulatory developments with Crypto Market Insights on news.thecoininfo.com, and explore in-depth analysis on The Coin Info Hub at thecoininfo.com.
