The years-long legal saga between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has captured global attention, sparking intense speculation across the cryptocurrency community. Recently, rumors have resurfaced that the case could finally conclude this Thursday. But is this claim grounded in reality, or is it just another wave of misinformation? Let’s separate fact from fiction and explore what’s actually happening with one of crypto’s most high-profile legal battles.
The Viral Claim: A Closer Look
A tweet from journalist Eleanor Terrett has been widely circulated, suggesting that the SEC might address the dismissal of the Ripple case during a closed-door meeting scheduled for a Thursday. While this sounds promising, there's a critical detail many overlook: the tweet dates back to March 2024. It referenced internal SEC scheduling at that time — not a current or upcoming event.
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Despite its age, the post has gained renewed traction, fueling speculation that "this Thursday" marks the official end of the lawsuit. However, no new announcements or official calendar updates from the SEC support this timeline. As of now, there is no confirmed date for a formal dismissal announcement.
Current Status of the Ripple vs SEC Lawsuit
To understand where things stand, it’s essential to recap recent developments:
- In July 2023, a landmark ruling by Judge Analisa Torres determined that XRP is not a security when sold on public exchanges — a partial victory for Ripple.
- The court also clarified that programmatic sales (to retail investors) did not violate securities laws, though institutional sales were treated differently.
- In early 2025, Ripple reached a settlement with the SEC, agreeing to pay a **$50 million civil penalty**, significantly less than the $125 million initially sought by regulators.
These milestones signaled a de-escalation in hostilities, leading Ripple’s Chief Legal Officer, Stuart Alderoty, to state publicly that the case is “effectively over.” Yet, despite these advances, the final administrative steps remain incomplete.
The SEC has yet to formally file a motion to dismiss the case with the court or issue an official public statement confirming closure. Until that happens, legal experts caution against premature celebration.
Why Final Closure Matters
While the core legal questions have been resolved, the absence of an official endnote creates lingering uncertainty — particularly for institutions and financial markets.
Regulatory Clarity and Market Confidence
A formal dismissal would provide definitive regulatory clarity, reinforcing the precedent that certain digital assets like XRP are not inherently securities. This distinction is crucial for:
- Institutional investment: Banks and asset managers often require clear regulatory frameworks before allocating capital.
- Exchange listings: Major platforms may reconsider XRP’s status or expand trading pairs.
- Global ripple effects: Other jurisdictions may reference the U.S. outcome when shaping their own crypto regulations.
Potential Impact on XRP Price and Adoption
Market analysts have long speculated that final resolution could trigger renewed momentum for XRP.
Historically, positive legal news has correlated with short-term price spikes. With increased confidence in XRP’s legal standing, we may see:
- Greater integration into payment networks and cross-border transactions.
- Renewed interest in XRP-based financial products, including staking and yield-generating services.
- Speculation around an XRP ETF — similar to those approved for Bitcoin and Ethereum futures.
While an ETF remains speculative at this stage, clearer regulation removes one of the biggest roadblocks to such innovation.
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Core Keywords Driving This Conversation
To align with search intent and improve discoverability, here are the key terms shaping discussions around this topic:
- Ripple vs SEC lawsuit
- XRP not a security
- SEC XRP case update
- Ripple legal battle 2025
- XRP ETF possibility
- Crypto regulation USA
- Final SEC dismissal
- XRP price prediction
These keywords reflect both informational and transactional queries — from users seeking updates to investors evaluating market opportunities.
Frequently Asked Questions (FAQ)
Is the Ripple vs SEC case over?
The case is functionally concluded following court rulings and a settlement agreement. However, the SEC has not yet filed formal dismissal paperwork or issued an official statement — so technically, it's not fully closed.
Did the court rule that XRP is not a security?
Yes — Judge Analisa Torres ruled that XRP is not a security when sold on public exchanges or through programmatic sales. However, institutional sales were deemed to fall under securities laws in certain instances.
Will XRP go up if the case ends?
Historical trends suggest positive price movement following favorable rulings. A final dismissal could boost investor confidence and attract institutional interest, potentially driving demand.
Could an XRP ETF be approved now?
It's possible but not guaranteed. While the legal precedent strengthens the case for an ETF, approval would still require a separate application process through the SEC and compliance with strict listing standards.
When will the SEC officially close the case?
There is no publicly announced date. Updates will likely come via official SEC filings or press releases — not social media rumors.
Why does the final paperwork matter?
Formal closure eliminates residual legal risk and provides regulatory certainty. For enterprises and investors, this final step is essential for long-term planning and compliance.
Final Verdict: No Official End This Thursday
Despite viral claims, there is no evidence that the Ripple vs SEC case will officially conclude this Thursday. The speculation stems from an outdated tweet and recurring hopes within the crypto community — not from any new regulatory action.
That said, all signs point toward an eventual full dismissal. With the settlement paid, judicial rulings made, and public statements from both parties indicating resolution, the remaining steps are largely procedural.
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As soon as the SEC files the final motion to dismiss or issues an official notice, it will mark a pivotal moment — not just for Ripple, but for the entire digital asset industry in the United States.
Until then, investors and enthusiasts should remain informed, skeptical of hype, and focused on verified sources rather than social media rumors. The end may be near — but it’s not here yet.