Ripple and SEC Finalise Remaining Elements of Long-Running Dispute
The parties have moved to resolve the last outstanding elements of the years-long securities dispute.

Ripple Labs and the US Securities and Exchange Commission have moved to resolve the last outstanding elements of the securities dispute that stretched over several years. Judge Analisa Torres previously ruled that programmatic sales of XRP on exchanges did not amount to securities offerings, while institutional sales did.
The settlement-related steps clarify remaining remedies and reporting obligations rather than reopening the underlying legal questions. Ripple has continued to invest in on-demand liquidity products and in cross-border payments partnerships.
The case is likely to remain a reference point for future arguments about how the Howey test applies to digital asset distributions.


