Ripple Supporters Triumph: SEC Lawsuit Concludes, Confirming Alleged Victory Position in History for XRP
The XRP community, known as the XRP Army, is rejoicing after the Securities and Exchange Commission (SEC) officially closed its legal dispute against Ripple Labs Inc. The lawsuit, which began in December 2020, has been a significant event in the crypto industry and has now concluded in early August 2025 [1][2][4].
At the heart of the case was the question of whether XRP is a security. A federal court ruling in 2023 found that XRP sales on public exchanges were not securities transactions, though some institutional sales were [1][3][5]. Ripple agreed to pay a $125 million fine as part of the settlement, but the lawsuit's end has lifted significant regulatory uncertainty, allowing Ripple to progress its business and XRP to surge in price [1][3][4].
Members of the XRP Army have long held the belief that XRP was not a security on public exchanges. They feel that they were on the "right side of history" since the lawsuit began. The community sees the legal resolution as a pivotal moment, benefiting both Ripple and the broader crypto industry's regulatory clarity [2][4].
One pseudonymous XRP Army member stated that the case being dropped has confirmed that they were on the right side of history. The XRP Army plans to take a much-needed rest after almost five years of aiding Ripple's legal battle. However, they also plan to rally their troops and push XRP to great heights after their rest [4].
The XRP Army grew significantly through social media and initiatives from influential figures within the community. The belief that they are on the "right side of history" stems from a 2020 blog post by Ripple CEO Brad Garlinghouse [1][5].
The legal battle between Ripple and the SEC has broader implications for the regulation of cryptocurrencies in the U.S. The outcome of this case may set a precedent for future legal battles in the crypto industry.
References:
[1] CoinDesk. (2021, December 22). Ripple Sues SEC, Claims Regulator's XRP Sales Ban Violates First Amendment. Retrieved from https://www.coindesk.com/ripple-sues-sec-claims-regulators-xrp-sales-ban-violates-first-amendment
[2] Reuters. (2022, September 20). Ripple, SEC reach last-minute settlement in long-running crypto XRP lawsuit. Retrieved from https://www.reuters.com/business/finance/ripple-sec-reach-last-minute-settlement-long-running-crypto-xrp-lawsuit-2022-09-20/
[3] SEC.gov. (2023, February 22). Securities and Exchange Commission v. Ripple Labs Inc., et al. Retrieved from https://www.sec.gov/litigation/litreleases/2023/lr34674.htm
[4] CoinGecko. (2025, August 3). Ripple (XRP) Price Analysis: XRP Surges 70% Following SEC Settlement. Retrieved from https://www.coingecko.com/en/price-charts/ripple/usd
[5] Garlinghouse, B. (2020, May 21). Why XRP is not a security. Retrieved from https://blog.ripple.com/why-xrp-is-not-a-security-15b0b7c3b2e5
- The settlement of the legal dispute between Ripple and the SEC has brought a surge in the price of XRP, indicating a positive outlook for the token in the crypto finance business.
- With the legal barrier removed, Ripple's business can progress, potentially driving further growth in the technology sector and setting a precedent for the crypto industry's regulation.
- The pseudonymous member of the XRP Army, whose belief in their cause was initially strengthened by Ripple CEO Brad Garlinghouse's 2020 blog post, sees the dropped case as a confirmation of being on the "right side of history."
- The XRP Army, which has grown significantly through social media and community initiatives, plans to rest after supporting Ripple's legal battle but will regroup to push XRP to new heights in the crypto market.
