From Nasdaq
April 4, 2025 4:20 am:

Ripple’s XRP sees a surge as SEC drops charges after years of legal battles. Uncertainty remains around XRP’s legal status. Ripple’s legal woes stemmed from SEC’s charges for unregistered securities sales. Ripple faces a $125 million fine for breaking investment law. Ripple and SEC to drop appeals, deal pending court approval. Most big crypto exchanges relist XRP for U.S. investors.

SEC’s case against Ripple complicated by split ruling. Ripple fined $125 million for violating investment law. Ripple’s direct sales to institutions deemed securities trading. Ripple faces “obey-the-law” injunction, $50 million fine proposal. SEC and Ripple to drop appeals, deal under court review. Judge’s ruling complicates SEC’s injunction removal.

End of legal battle could benefit Ripple’s international payment business. Uncertainty remains around Ripple’s institutional sales. XRP weathered regulatory hurdles, shows staying power. Ripple’s price increase already factored in recent news. Ripple’s utility differentiates it from other cryptocurrencies.

SEC likely won’t pursue further action against Ripple. Stalemate with judge unlikely to reverse ruling. Ripple’s business outlook uncertain post-legal battle. Ripple’s legal case illustrates regulatory and market sentiment challenges. Caution advised when investing in high-risk assets like cryptocurrencies.

Read more at Nasdaq: Not So Fast. Ripple’s Legal Woes Aren’t Quite Over.