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4,000 XRP holders crucial in Ripple's legal win against SEC, court rules XRP not a security.

Market News
14 Jul 2026
UToday
View Source
Bullish
pluang ai news

In the Ripple vs. SEC case, Judge Analisa Torres ruled that XRP is not a security, marking a major victory for Ripple. This decision was influenced significantly by the support of nearly 4,000 XRP holders who submitted affidavits and an amicus brief filed by lawyer John Deaton representing about 76,000 holders. The ruling clarified that XRP sales on secondary markets are not securities transactions, although direct sales to institutions were treated differently. This milestone is seen as a turning point in regulatory battles over cryptocurrencies, potentially easing future crypto regulations.

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Retail traders bullish on XRP and ether despite price drops, signaling possible further declines.

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