Legal Expert Clarifies Ripple’s Injunction on Institutional Sales of XRP

Following the court’s rejection of Ripple and the U.S. SEC’s joint motion, there has been confusion about what the permanent injunction means for Ripple’s business with institutional investors in the U.S among XRP holders. While much of the public debate centers around whether Ripple’s future operations will face restrictions, attorney Fred Rispoli offered a precise legal interpretation that attempts to settle the matter. I see a lot of confusion out here on what the injunction means for Ripple in regard to the ban on “Institutional Sales.” Y’all are forcing me to go back and re-read the summary judgment pleadings, but the TLDR is Institutional Sales is a defined term that ONLY refers to exactly… — Fred Rispoli (@freddyriz) June 28, 2025 The XRP Lawsuit So Far On August 7, 2024, Judge Annalisa Torres handed down her final ruling on the long-running legal battle between. She ordered Ripple to pay $125 million as a penalty for violating securities laws through institutional XRP sales. She placed a permanent injunction on the company, preventing further violations of the Securities Act by stopping the institutional sales. Both parties attempted to appeal the ruling but agreed to settle the case in March. The settlement included reducing Ripple’s penalty to $50 million and the removal of the permanent injunction. However, Judge Torres rejected this proposal. This gives both parties the option of dismissing their appeals and leaving the final ruling unchanged or continuing with the appeals to modify the verdict. Ripple chose to dismiss its appeal , and in his announcement, CEO Brad Garlinghouse revealed that he expects the SEC to do the same. This move has left the community with many questions regarding Ripple’s path forward. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 What’s Next for Ripple? Rispoli explained that the term “Institutional Sales” does not apply broadly to all current or future sales involving institutions. Instead, it is a specific legal term defined strictly within the context of Ripple’s past conduct from its inception until 2018. He explained that the injunction tied to this term refers only to what Ripple engaged in during that historical period. This clarification counters any misconceptions that the court ruling broadly limits Ripple’s ability to conduct institutional sales going forward. Institutions are expected to play a significant role in XRP’s future , and Rispoli suggests the company can still engage with institutions. Ripple’s Current Position Under the SEC Rispoli also notes that under the pro-crypto SEC leadership, Ripple’s transparency in separating lowercase “i” institutional sales from “Institutional Sales” has eased concerns. The SEC is now more comfortable with Ripple, provided it follows established guidance, with or without formal registration statements. Rispoli further explained that Ripple labels the affected transactions as “historical sales,” meaning the injunction targets only past activities. He noted that under the former SEC leadership, future sales might have triggered new legal issues, but this risk has somewhat reduced with the current pro-crypto administration. As Ripple CLO Stuart Alderoty recently stated, the company can now proceed with business as usual . Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Legal Expert Clarifies Ripple’s Injunction on Institutional Sales of XRP appeared first on Times Tabloid .

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