- SEC dropped its four-year lawsuit against Ripple, ending with a $50 million fine.
- It’s Stuart Alderoty criticized unclear SEC rules, calling for simple, clear crypto regulations.
- The case’s end increases hopes for an XRP ETF and clearer U.S. crypto policies.
The U.S. Securities and Exchange Commission (SEC) has finally dropped its four year case against Ripple, a major victory for the crypto firm.
Ripple’s Chief Legal Officer Stuart Alderoty said why the SEC dropped the case and what it implies for the future of crypto in the U.S. His words express an appeal for clear, simple rules that will facilitate businesses and make those who use crypto secure.
Ripple’s Fight and the SEC’s Change
In 2020, the SEC had sued Ripple, alleging that its token XRP had illegally been sold as a security. In 2023, a judge decided that XRP traded on public exchanges was not a security but selling to institutional investors was.
The SEC had intended to appeal, but in March 2025, It’s CEO Brad Garlinghouse stated the SEC withdrew its appeal. It also withdrew its appeal and agreed to pay a fine of $50 million, significantly less than the initial $125 million.
Alderoty further stated that the SEC is not only retreating from it, but is also doing the same with other cryptocurrency companies like Coinbase and Kraken..He mentioned that the SEC’s regulations are ambiguous, making it difficult for firms such as Ripple to comply with them.
A Call for Improved Crypto Regulations
Alderoty thinks the U.S. should have improved crypto regulations that are simple to follow. Currently, there is too much ambiguity, and this is bad for businesses and investors. He hopes for new regulations that protect people, prevent wrongdoers, and allow companies like it to expand and innovate.
With the lawsuit settled, there is optimism for change, particularly with a new SEC head, Paul Atkins, who appears more receptive to crypto. The end of Ripple’s case also raises talks about an XRP exchange traded fund (ETF), as companies like Grayscale and Bitwise already have such applications in pipeline.
For Ripple and the cryptocurrency market, it is a chance to focus on building a superior, more open future with lawmakers’ help.
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