Information about Ripple's lawsuit against the U.S. Securities and Exchange Commission (SEC) has been removed from the SEC's website. The absence of records related to Ripple on the SEC's website may be due to various reasons, including administrative updates or ongoing legal procedures. While internet users speculate that this marks the end of the Ripple lawsuit against the SEC.

Ripple Files have been removed from the SEC's website.

The foundation of this belief stems from Gary Gensler's departure from the agency. Under his leadership, the SEC was said to target cryptocurrency companies and limit innovations in the blockchain ecosystem for development. Ripple is a prime example of this as the SEC has a long and ongoing battle with the XRP developer.

The legal battle began in 2020 when the SEC accused Ripple of conducting an unregistered securities offering by selling XRP. They argued that XRP should be classified as a security under U.S. law.

In July 2023, U.S. District Judge Analisa Torres ruled that the sale of XRP on digital exchanges is not a security, a partial victory for Ripple. However, the court also ruled that sales to institutional investors are unregistered securities and Ripple executives Brad Garlinghouse and Chris Larsen did not violate securities laws regarding their personal sales of XRP.

Recently, Ripple requested a deadline of April 16, 2025, to file a response in the ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). While the Ripple XRP lawsuit may soon come to an end, Coinbase's records remain in effect despite Coinbase winning the SEC lawsuit regarding cryptocurrency regulations on January 14, 2025.

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