Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

Ripple vs SEC case ends with appeals dropped; $125M penalty and sales restrictions remain.

Market News
28 May 2026
Crypto news
View Source
Neutral
pluang ai news

The Ripple vs SEC lawsuit officially ended in August 2025 when both parties dismissed their appeals, leaving Judge Torres's 2023 ruling and 2024 final judgment intact. Ripple must pay a $125 million penalty and abide by a permanent injunction restricting direct institutional XRP sales in the US, though secondary market XRP trading remains legal. The case clarified XRP's legal status as a non-security on secondary markets but left operational restrictions on Ripple's institutional business. The pending CLARITY Act could solidify this framework into binding federal law, while Ripple continues to adapt its US institutional offerings to comply with existing restrictions.

More News (XRP)

BIS Project Agorá explores tokenized money to revolutionize cross-border payments with speed and efficiency.

BIS Project Agorá explores tokenized money to revolutionize cross-border payments with speed and efficiency.

The Bank for International Settlements' Project Agorá is testing a new system where tokenized money—digital forms of central bank reserves and bank deposits—could transform global cross-border payments. This initiative involves eight central banks an...

Market News
Bullish
4 hours ago
Ripple moves $79M in XRP amid sharp price drop below $1.30, sparking market debate.

Ripple moves $79M in XRP amid sharp price drop below $1.30, sparking market debate.

Ripple transferred 60 million XRP, worth over $79 million, to an unknown wallet during a period of high market volatility. This large move coincided with a sharp drop in XRP's price, falling below the key support level of $1.30 and retesting its lowe...

Market News
Bearish
4 hours ago
Bitcoin drops below $74,000 as crypto sell-off accelerates, Ethereum and XRP also fall over 3%.

Bitcoin drops below $74,000 as crypto sell-off accelerates, Ethereum and XRP also fall over 3%.

Bitcoin fell 2% in 24 hours, dropping below its key resistance near $74,000, signaling a possible repeat of midterm-year bear market patterns seen in 2018 and 2022. Analyst Benjamin Cowen noted the rally lacked strong follow-through, suggesting furth...

Market News
Bearish
4 hours ago
XRP risks a drop to $0.75 amid geopolitical tensions; Cash App launches wallet-free USDC for 59M users; Cardano whales hold 67% supply.

XRP risks a drop to $0.75 amid geopolitical tensions; Cash App launches wallet-free USDC for 59M users; Cardano whales hold 67% supply.

XRP faces a bearish outlook with a potential price drop to $0.75 as it fails to hold $1.60 resistance amid Middle East geopolitical tensions and market panic. Meanwhile, Cash App has integrated wallet-free, zero-fee USDC transfers for 59 million user...

Market News
Bearish
5 hours ago
USDT trading volume rises as stablecoin activity surges amid crypto market volatility

USDT trading volume rises as stablecoin activity surges amid crypto market volatility

USDT (Tether) trading volume has increased significantly across major cryptocurrency exchanges due to heightened volatility in Bitcoin and other altcoins. Traders are using USDT as a stable liquidity asset to manage risk and maintain market exposure ...

Market News
Neutral
6 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App