Altcoins News

Story: Ripple SEC Case Nears End as Judge Torres Receives Final Letter

By Pankaj K

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Final Legal Steps Begin in Ripple vs SEC Lawsuit. The latest court filing, dated July 11, 2025, comes from Andrew Kunsak, a representative from law…

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Judge Torres Previously Denied Joint Request to End Case Early. Just days before the recent letter, Judge Torres denied a joint motion from both Ripple and the…

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Ripple CEO: “We’re Closing This Chapter”. Ripple CEO Brad Garlinghouse has confirmed that the company is no longer pursuing its cross-appeal…

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XRP Price Reacts With 6% Rally. Following the positive news, XRP surged nearly 6% in the last 24 hours, trading at $2.

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What This Means for XRP and Ripple’s Future. The conclusion of the Ripple SEC case could be one of the most important developments for XRP’s…

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Conclusion. With Judge Torres receiving formal requests to close out witness participation and with both…

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The long-running legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) appears to be coming to a close.

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This declarant was brought into the case in August 2023 to provide expert analysis while protecting the interests of their stakeholders.

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Importantly, Sidley Austin LLP does not represent either Ripple or the SEC directly. The letter indicates that procedural clean-up has started, a common step as high-profile…

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Just days before the recent letter, Judge Torres denied a joint motion from both Ripple and the SEC to issue an “indicative ruling” that would effectively end the case.

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Despite the denial, the overall direction of the case remains unchanged. Both Ripple and the SEC are winding down their legal efforts, and the court is moving toward formally…

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Ripple CEO Brad Garlinghouse has confirmed that the company is no longer pursuing its cross-appeal in the 2nd Circuit Court. The SEC has also withdrawn its own appeal.

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“We’re closing this chapter once and for all and focusing on what’s most important—building the Internet of Value,” Garlinghouse stated in a recent post on social media.

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Following the positive news, XRP surged nearly 6% in the last 24 hours, trading at $2.56 at the time of writing. The asset reached a daily high of $2.59, with a low of $2.41.

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This rally follows a breakout from a descending wedge pattern earlier in the week, further supported by a spike in whale accumulation and institutional demand.

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