Ninth Circuit Dismisses Class Action Against Ripple, Clearing Legal Hurdle for XRP
Ripple has scored a major legal victory as Ninth Circuit Upholds Dismissal of XRP Class-Action Lawsuit. The ruling reinforces that secondary XRP trades aren’t considered unregistered securities, advancing regulatory clarity for crypto.
Well, investors had sued Ripple over alleged sales of unregistered securities, separate from the resolved SEC case. The Ninth Circuit upheld the lower court’s ruling that the claims were time-barred under the five-year federal statute of limitations, permanently closing the case and eliminating another legal hurdle for Ripple and XRP.
Though separate from the concluded Ripple vs SEC case, the dismissal of this class-action lawsuit is a positive signal for Ripple and the broader crypto market.
It highlights a judicial trend of distinguishing secondary market sales from initial offerings, a key pillar of Ripple’s defense. For investors, it reinforces the argument that XRP, widely used for cross-border payments and liquidity, should not be treated as a security in secondary trading.
Ninth Circuit Ruling Reduces XRP’s Legal Uncertainty, Boosts Investor Confidence
This ruling is a strong positive signal for XRP holders. With fewer legal clouds, Ripple can focus on expanding its global payments infrastructure and institutional partnerships without distraction. For the crypto sector, clarity on what constitutes an unregistered security strengthens a predictable regulatory environment.
Therefore, the Ninth Circuit’s decision delivers tangible momentum. For traders and long-term investors, it signals narrowing legal risks, reinforcing confidence in XRP’s utility and investment thesis.
In a market often shaken by uncertainty, such rulings, combined with progress on the Digital Asset Market Clarity Bill based on upcoming meetings between President Trump and key crypto and banking leaders, can spark renewed optimism.
Why does this matter? Well, The Ninth Circuit’s ruling is more than a procedural victory, it reduces legal uncertainty for XRP. With this investor lawsuit finally resolved, Ripple faces one fewer hurdle, bringing XRP closer to becoming a trusted, regulated, and widely adopted digital asset.
Conclusion
The Ninth Circuit ruling marks a major win for Ripple, dismissing a key class-action lawsuit and reducing legal uncertainty around XRP. While the SEC case continues, the decision distinguishes secondary XRP trades from unregistered securities, offering clarity for investors and the crypto market. This strengthens confidence in XRP’s long-term potential and Ripple’s commitment to regulatory compliance
Source: https://coinpaper.com/14158/ripple-scores-big-u-s-appeals-court-dismisses-major-xrp-investor-lawsuit
