Loading cryptocurrency prices...

Fake XRP Rally Hopes Dashed as Judge Confirms SEC Case Is Closed

SEC v. Ripple Lawsuit Officially Closed: No Further Court Rulings or Judge Signatures Expected

  • Claims about a final court signature on the SEC v. Ripple case are false; the case is officially closed.
  • Judge Analisa Torres entered her final judgment against Ripple on August 7, 2024, imposing a $125 million fine and a permanent injunction.
  • Both the SEC and Ripple withdrew their appeals, leaving Torres’ final judgment in effect and ending further legal action.
  • Multiple social media posts incorrectly claimed a new court ruling would trigger a significant price increase for XRP.
  • The court docket for the main lawsuit and cross-appeals is marked closed, and there are no pending actions.

Judge Analisa Torres will not be signing any further documents in the SEC v. Ripple lawsuit, as recent claims of a significant court ruling today are unfounded. The U.S. District Court officially finalized its decision on August 7, 2024, concluding one of the most high-profile legal cases involving Ripple Labs and the Securities and Exchange Commission (SEC).

- Advertisement -

As of that date, Judge Torres imposed a fine of $125 million on Ripple and permanently barred the company from violating Section 5 of the Securities Act of 1933. Subsequent requests from both the SEC and Ripple to lower the fine or dissolve the injunction were denied by Judge Torres, as detailed in this court document. Both parties eventually dropped their cross-appeals, according to an SEC release.

Rumors suggesting Judge Torres would offer a final approval or signature this week have spread widely on social media, predicting significant market impacts for XRP. However, many community members have pointed out these statements are not accurate since no further rulings or approvals are expected from the court.

A full copy of the August 7, 2025 joint stipulation of dismissal—signed by the SEC and Ripple’s legal representatives, including Brad Garlinghouse and Chris Larsen—can be found here. As noted in the original case docket, all related filings are marked as closed, with the last update occurring on August 8, 2025.

Unless one of the parties fails to comply with the judge’s final order, there will not be any further court activity. Social media users have also reminded the community, “We’re not waiting on her,” and have urged against spreading misinformation.

- Advertisement -

✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest News

JPMorgan Expands JPM Coin to Base, Eyes Retail and Multi-Currency Use

JPMorgan has launched its dollar-backed stablecoin, JPM Coin (JPMD), for institutional transfers on the...

Report: 16 Blockchains Have Built-in Fund Freezing Mechanisms

Sixteen blockchains have built-in fund freezing features, while 19 more can add this with...

Peraire-Bueno Bros Face Retrial in $25M Ethereum Fraud Case

Anton and James Peraire-Bueno face a potential retrial for alleged fraud and money laundering...

AMD Shares Surge 8% on Strong AI Data Center Growth Outlook

Advanced Micro Devices (AMD) expects a 60% increase in data center revenue over the...

Nvidia to Invest $1B in Nuevo Leon AI Data Center, Governor Says

NVIDIA will invest $1 billion to build an Artificial Intelligence (AI) data center in...
- Advertisement -

Must Read

Top 10 Best Crypto Faucets To Earn Free Crypto

Are you looking to earn free cryptocurrency? Look no further! In this article, we will introduce you to the top 10 best crypto faucets...