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Ripple Wins Against SEC, But What About the $125M Fine?

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Ripple Calls on SEC to Provide Clear Guidelines

Ripple has gained a major legal advantage after the U.S. Securities and Exchange Commission (SEC) dropped its appeal against the company. This decision strengthens Ripple’s position and clarifies XRP’s regulatory status. Stuart Alderoty, Ripple’s Chief Legal Officer, confirmed that the SEC’s decision gives Ripple the upper hand. Now, Ripple will consider a cross-appeal to challenge specific legal findings.

Brad Garlinghouse, Ripple’s CEO, called the ruling a clear victory for the company and the digital asset industry. He stressed that this outcome reinforces Ripple’s legal standing. Despite the favorable ruling, Ripple still faces financial penalties. The company previously received a $125 million fine after being labeled a “Bad Actor.”

Industry experts now question whether this penalty still applies. Some argue that the SEC’s withdrawal could impact the fine’s enforcement. Ripple’s legal team plans to clarify this issue in the coming weeks.

XRP Community Reacts with Mixed Opinions

The XRP community has responded with divided views. Some believe this development helps regulatory clarity, while others doubt its impact on digital assets.

Related article: XRP to Surge 20%? Ripple vs. SEC Verdict Set for April 16!

Cedric Beau from Web3 expressed skepticism. He noted that while Ripple gained a legal edge, XRP still operates under regulatory control. He stated, “XRP only has driving privileges due to regulatory approval.” 

Beau also argued that the SEC’s withdrawal strengthens legal structure but does not support true decentralization. He believes a decentralized system should not require legal battles for legitimacy.

Ripple’s Case Highlights Larger Crypto Regulation Battle

Concerns about Ripple’s financial obligations remain. Community member Stephen Baird and observer Ripple Van Winkle raised questions about the $125 million fine.

Related article: Ripple Secures DFSA Approval for Regulated Crypto Payments in Dubai

This case illustrates the ongoing clash between regulators and blockchain innovation. While Ripple’s legal victory sets a precedent, unresolved financial issues and questions about decentralization persist.

The SEC’s decision may encourage other blockchain companies to challenge regulatory actions, shaping future digital asset regulations in the U.S.

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