TLDR Crypto · MARKETS & BUSINESS
XRP ZOOMS 10% AS GARLINGHOUSE SAYS SEC IS DROPPING CASE AGAINST RIPPLE
Summary from the TLDR Crypto newsletter
Ripple CEO Brad Garlinghouse announced the SEC is dropping its appeal in the ongoing lawsuit alleging Ripple Labs performed unregistered securities sales of XRP tokens. The case has been a focal point of the industry's legal battles since 2025 and previously resulted in a $125 million fine for Ripple. With the legal hurdle cleared, the path is now open for XRP ETF.