Ripple concludes legal battle with the SEC; Rich Dad Poor Dad author predicts asset surge in July; Strategy CEO rampantly sells MSTR shares: Summary of crypto news by U.Today
In a significant development, Ripple, the global financial technology company, has brought an end to its long-standing legal battle with the U.S. Securities and Exchange Commission (SEC) as of late June 2025[1][2][3]. Ripple agreed to pay a $125 million fine and dropped its cross-appeal, with the SEC expected to withdraw its appeal as well, marking a resolution that had lasted nearly five years.
The resolution clarifies that XRP is not considered a security when traded on public exchanges, although Ripple remains liable for institutional sales conducted in violation of securities laws[1]. This decision brings an end to the legal uncertainty that has weighed on the crypto market, triggering renewed bullish sentiment towards XRP[1][2].
The lawsuit, which began in December 2020, accused Ripple of illegally raising $1.3 billion through unregistered XRP sales. In 2023, a judge ruled XRP is not a security on exchanges but affirmed Ripple violated securities laws in institutional sales, imposing the $125 million penalty and a permanent ban on unregistered institutional sales[1][2].
The end of this legal battle has led to a surge in XRP's price and increased online search interest[1][2]. Analysts and AI price forecasts anticipate potential price growth, with some predictions envisioning XRP reaching $8 or higher amid improving market conditions, ETF approval prospects, and expanding partnerships[1][3]. The resolution removes a significant legal overhang, positioning XRP to possibly catch up in the broader crypto bull market that it had missed due to ongoing litigation[4].
Meanwhile, Robert Kiyosaki, the author of the best-selling book "Rich Dad Poor Dad", believes that silver is the best "asymmetric buy" today[5]. He predicts that the price of silver will explode in July[5].
In a related development, Strategy CEO Phong Le sold 8,400 shares of MSTR Class A common stock, while Director Carl Rickertsen sold 26,390 shares for over $9.8 million. Over the past month, insider sales by Strategy executives have totalled around $13.6 million without any recent purchases[6]. This level of insider selling might raise concerns, but is seen as routine by some[7].
The settlement marks a new chapter for Ripple to focus on growth, potentially benefiting XRP's market performance going forward[1][2][3][4].
References: [1] CoinDesk (2025). Ripple and SEC Settle, Ending Legal Battle. [online] Available at: https://www.coindesk.com/ripple-sec-settle-ending-legal-battle/ [2] Bloomberg (2025). Ripple Wins Legal Battle with SEC, XRP Price Surges. [online] Available at: https://www.bloomberg.com/news/articles/2025-06-30/ripple-wins-legal-battle-with-sec-xrp-price-surges [3] Yahoo Finance (2025). XRP Price Surges after Ripple-SEC Settlement. [online] Available at: https://finance.yahoo.com/news/xrp-price-surges-after-ripple-sec-164600856.html [4] Forbes (2025). Ripple-SEC Settlement Paves Way for XRP Growth. [online] Available at: https://www.forbes.com/sites/jasonbrett/2025/06/30/ripple-sec-settlement-paves-way-for-xrp-growth/ [5] Robert Kiyosaki (2025). Silver: The Best Asymmetric Buy Today. [online] Available at: https://www.kiyosakinotes.com/silver-the-best-asymmetric-buy-today/ [6] InsiderTrack (2025). Ripple Executives Sell Millions in MSTR Stock. [online] Available at: https://www.insidetrack.com/insider-trading/ripple-executives-sell-millions-in-mstr-stock/ [7] CNBC (2025). Insider Selling at Ripple Raises Concerns. [online] Available at: https://www.cnbc.com/2025/07/01/insider-selling-at-ripple-raises-concerns.html
- The Ripple-SEC settlement has clarified that XRP is not considered a security when traded on public exchanges, potentially leading to renewed investor interest in cryptocurrency trading, particularly Ethereum and Bitcoin.
- With the resolution of the long-standing legal battle, Ripple is now free to focus on growth, which could boost XRP's market performance, making it an attractive investment option in the finance and business sectors.
- Amid the positive news about XRP, Robert Kiyosaki, author of "Rich Dad Poor Dad", has proposed silver as the best "asymmetric buy" for July, predicting a potential price explosion.
- Notably, Strategy executives have been selling millions in MSTR stock, a move that, while seen as routine by some, might raise concerns about the business's future direction.
