United States SEC & Cryptocurrency Platform Ripple to Request New York Court to Dissolve Injunction Against Ripple & to Release $125 Million Held in Escrow for Penalties, United States SEC to Receive $50 Million & Ripple $75 Million, United States SEC Dropped Lawsuit Ripple for Raising $1.3 Billion via XRP Token in Non-Authorized Securities Offering
10th May 2025 | Hong Kong
The United States Securities & Exchange Commission (SEC) & cryptocurrency platform Ripple are filling a request to New York court to dissolve injunction against Ripple and to release $125 million held in escrow for penalties (United States to receive $50 million, Ripple $75 million). In 2025 March, the United States Securities & Exchange Commission (SEC) was reported to be have dropped the appeal lawsuit against Ripple for raising $1.3 billion via XRP token in non-authorized securities offering. Ripple – Using proven crypto and blockchain technology honed over a decade, Ripple’s enterprise-grade solutions are faster, more transparent, and more cost-effective than traditional financial services. Our customers use these solutions to source crypto, facilitate instant payments, empower their treasury, engage new audiences, lower capital requirements, and drive new revenue. Founded in 2012, Ripple’s vision is to enable a world where value moves as seamlessly as information flows today—an Internet of Value. Ripple is the only enterprise blockchain company today with products in commercial use. Ripple’s global payments network includes over 300 customers across 40+ countries and six continents.
“ United States SEC & Cryptocurrency Platform Ripple to Request New York Court to Dissolve Injunction Against Ripple & to Release $125 Million Held in Escrow for Penalties, United States SEC to Receive $50 Million & Ripple $75 Million, United States SEC Dropped Lawsuit Ripple for Raising $1.3 Billion via XRP Token in Non-Authorized Securities Offering “
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United States SEC Drops Lawsuit Against Cryptocurrency Platform Ripple for Raising $1.3 Billion via XRP Token in Non-Authorized Securities Offering
23rd March 2025 – The United States Securities & Exchange Commission (SEC) has been reported to be have dropped appeal lawsuit against cryptocurrency platform Ripple for raising $1.3 billion via XRP token in non-authorized securities offering. Ripple – Using proven crypto and blockchain technology honed over a decade, Ripple’s enterprise-grade solutions are faster, more transparent, and more cost-effective than traditional financial services. Our customers use these solutions to source crypto, facilitate instant payments, empower their treasury, engage new audiences, lower capital requirements, and drive new revenue. Founded in 2012, Ripple’s vision is to enable a world where value moves as seamlessly as information flows today—an Internet of Value. Ripple is the only enterprise blockchain company today with products in commercial use. Ripple’s global payments network includes over 300 customers across 40+ countries and six continents.
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