SAwoniyi 09/08/2025 SAwoniyi 09/08/2025

Ripple Rises: Rail Acquisition & SEC Case Closed

On August 7, 2025, Ripple CEO Brad Garlinghouse revealed the company’s $200 million acquisition of Rail Financial—a stablecoin-powered platform designed to streamline global payments. This strategic move positions Ripple to expand its reach in cross-border transactions, leveraging Rail’s infrastructure to accelerate adoption of XRP and stablecoin solutions.

Just days earlier, on August 4, SEC Chairman Paul S. Atkins declared, “America will be the crypto capital of the world,” during his Project Crypto speech. Under President Trump’s leadership, the SEC launched Project Crypto, a sweeping initiative to bring U.S. financial markets on-chain and foster blockchain innovation.

Adding to the momentum, Ripple and the SEC jointly filed to dismiss their long-standing legal appeals, officially ending the high-profile case. James K. Filan of Filan Law broke the news, with Ripple’s Chief Legal Officer Stuart Alderoty confirming: “The end… and now back to business.”

With regulatory clarity and a powerful new acquisition, Ripple is poised to lead the next wave of crypto-financial integration. The timing couldn’t be better—for Ripple, XRP holders, and the broader blockchain ecosystem.

SAwoniyi 28/06/2025 SAwoniyi 28/06/2025

Ripple and SEC Drop Appeals, Marking End of Legal Saga

On June 26, 2025, the prolonged legal clash between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) took a decisive turn.

Judge Analisa Torres denied both parties’ Motion for an Indicative Ruling, prompting Ripple’s Chief Legal Officer Stuart Alderoty to reaffirm that XRP's legal status as not a security remains unchanged. “It’s business as usual,” Alderoty posted, assuring the community.

Ripple CEO Brad Garlinghouse followed up with a statement confirming that Ripple is dropping its cross appeal, while the SEC is expected to do the same.

“We’re closing this chapter once and for all,” he wrote on X.com, signaling the company's renewed focus on building the Internet of Value.

This decision brings long-awaited clarity to the XRP community and the broader crypto industry, allowing Ripple to shift fully from courtroom battles to technological innovation and global adoption.

SAwoniyi 14/09/2024 SAwoniyi 14/09/2024

Ripple Seeks Stay of Monetary Judgement After SEC Consent

Ripple, the blockchain technology company, has recently made a significant legal move in its ongoing battle with the U.S. Securities and Exchange Commission (SEC). In a letter filed with the court, Ripple requested a stay of the monetary portion of the judgment entered on August 7, 2024. This latest development comes as the company navigates the complexities of the legal dispute with the SEC.

James K. Filan, a well-known figure in the cryptocurrency community, shared this update on his X account (formerly known as Twitter), shedding light on Ripple's legal manoeuvre. According to Filan, the SEC has consented to Ripple's request for a stay, marking a notable development in the case.

The decision to seek a stay of the monetary judgement indicates Ripple's efforts to manage its legal obligations while the broader legal proceedings unfold. Ripple's actions and the SEC's response will be closely watched considering evolving cryptocurrency regulations.

As the legal saga between Ripple and the SEC continues to unfold, stakeholders eagerly await further developments that will shape the future of Ripple and potentially influence the broader cryptocurrency regulatory environment. "Ripple Requests Stay of Monetary Judgement Following SEC Consent"

SAwoniyi 04/07/2024 SAwoniyi 04/07/2024

Developments in the Ripple Case: What’s Happening?

On July 2, 2024, James K. Filan made an important announcement to the XRP community on X (formerly known as Twitter). He revealed that Ripple had filed a Notice of Supplemental Authority concerning the recent Binance decision.

This was followed by another update on July 3, 2024, where he mentioned that the SEC had responded to Ripple's Notice of Supplemental Authority regarding the Binance decision.

These developments may indicate that the case is nearing its conclusion. The back-and-forth filings and responses suggest that considerable progress is being made towards resolving the matter.

It is an important moment for the XRP community and worth paying close attention to future updates.

SAwoniyi 16/06/2024 SAwoniyi 16/06/2024

Ripple vs SEC Legal Battle: SEC Lowers Demand from Billion to Million

The ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) seems to be taking a new turn as the SEC has significantly reduced its demand from $2 billion to $ 102.6 million. This drastic reduction in the SEC's claim raises questions about the future of the case and the possible implications for both parties involved.

Recent updates from James K. Filan on X (formerly known as Twitter) revealed significant developments in the case. Ripple filed a Notice of Supplemental Authority regarding Terraform Labs Consent Judgment on June 13, 2024. Additionally, on June 15, 2024, James K. Filan shared that the SEC responded to Ripple’s letter concerning the Terraform Labs Consent Judgment, indicating an escalation in the legal proceedings.

Stuart Alderoty also shared updates on the matter, stating that Ripple defended itself by "agreeing to nothing" and emphasizing that the court ruled that XRP is not a security. Furthermore, it was highlighted that there are no "victims" to compensate, and Ripple continues to thrive despite the legal challenges. The revelation that the SEC has abandoned its initial demand for $2 billion further adds to the case's complexity.

As the saga unfolds, the drastic shift in the SEC's claim and the recent court rulings indicate a potential shift in the dynamics of the legal battle. The implications of these developments and their impact on the future of Ripple and the broader cryptocurrency industry remain to be seen.