Ripple Labs CEO Brad Garlinghouse, in his recent statements, once again emphasized the legal status of XRP:


“XRP is not a security. The courts have made a clear decision.”
Following the lawsuit filed by the SEC in 2020, a federal court ruled that XRP is not a security in secondary market (exchange) sales. The case was fully concluded in August 2025, the SEC dropped its appeal, and Ripple paid a $125 million (later reduced) penalty. Garlinghouse stated that this clarity sets Ripple apart from many players in the industry, and he currently sees an 80-90% chance of the CLARITY Act passing in the US by the end of April. This law could further solidify XRP's status at the federal level and accelerate institutional entry.
$XRP
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