Ripple vs SEC or Ripple vs XRP Holders? A Question No One Saw Coming

The post Ripple vs SEC or Ripple vs XRP Holders? A Question No One Saw Coming appeared first on Coinpedia Fintech News

The Ripple vs SEC lawsuit has taken center stage once again, this time not in court, but on X (formerly Twitter). Although Ripple CEO Brad Garlinghouse recently announced that the case is “behind them,” the legal battle is still not over on paper. 

Political Ties Spark Controversy

What’s stirring even more chatter is a new round of political allegations around Ripple’s involvement in the 2024 U.S. presidential election. A user on Twitter recently claimed that Ripple and its top executives largely supported Vice President Kamala Harris during the election, while avoiding support for Donald Trump.

The donations have led to division within the XRP community. Many users are now questioning Ripple’s political stance, especially since a significant portion of the XRP fanbase is believed to support Trump. 

Ripple was sued under the Trump/Clayton administration, long before Gensler was appointed. Basic facts, sorry.

— Marc Fagel (@Marc_Fagel) July 24, 2025

Some online posts hinted that the XRP community may have been unaware of the scale of these political donations and claimed that XRP holders should consider exiting around the $3.50 mark if Bitcoin rises beyond $125,000. 

.article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; }

• Also Read :
•   Will XRP Price Drop Below $3 Today?
•   ,

Former SEC Lawyer Defends Timeline

Amid all the political back-and-forth, former SEC lawyer Marc Fagel stepped in to correct the record about the origins of the Ripple lawsuit. He reminded users that the SEC’s case against Ripple was filed under the Trump administration, led by former SEC Chair Jay Clayton, not Gary Gensler.

“Basic facts, sorry,” Fagel posted on Twitter. “This case was investigated and filed before Gensler was even appointed. Unless he had a time machine, Gensler didn’t initiate this.”

When asked why Clayton chose to sue Ripple on his last day in office, Fagel explained that the decision had actually been made weeks earlier. Clayton likely voted before leaving to prevent delays that could have stalled the case for months while a new SEC chairman was confirmed. Gensler didn’t take over the role until nearly five months later.

.article_register_shortcode { padding: 18px 24px; border-radius: 8px; display: flex; align-items: center; margin: 6px 0 22px; border: 1px solid #0052CC4D; background: linear-gradient(90deg, rgba(255, 255, 255, 0.1) 0%, rgba(0, 82, 204, 0.1) 100%); } .article_register_shortcode .media-body h5 { color: #000000; font-weight: 600; font-size: 20px; line-height: 22px; text-align:left; } .article_register_shortcode .media-body h5 span { color: #0052CC; } .article_register_shortcode .media-body p { font-weight: 400; font-size: 14px; line-height: 22px; color: #171717B2; margin-top: 4px; text-align:left; } .article_register_shortcode .media-body{ padding-right: 14px; } .article_register_shortcode .media-button a { float: right; } .article_register_shortcode .primary-button img{ vertical-align: middle; width: 20px; margin: 0; display: inline-block; } @media (min-width: 581px) and (max-width: 991px) { .article_register_shortcode .media-body p { margin-bottom: 0; } } @media (max-width: 580px) { .article_register_shortcode { display: block; padding: 20px; } .article_register_shortcode img { max-width: 50px; } .article_register_shortcode .media-body h5 { font-size: 16px; } .article_register_shortcode .media-body { margin-left: 0px; } .article_register_shortcode .media-body p { font-size: 13px; line-height: 20px; margin-top: 6px; margin-bottom: 14px; } .article_register_shortcode .media-button a { float: unset; } .article_register_shortcode .secondary-button { margin-bottom: 0; } } Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

.subscription-options li { display: none; } .research-report-subscribe{ background-color: #0052CC; padding: 12px 20px; border-radius: 8px; color: #fff; font-weight: 500; font-size: 14px; width: 96%; } .research-report-subscribe img{ vertical-align: sub; margin-right: 2px; } Subscribe to News FAQs Is the Ripple vs SEC lawsuit over?

No, despite public claims, the Ripple vs SEC case is still ongoing and not fully resolved legally.

Why is the SEC suing Ripple?

The SEC alleges Ripple sold XRP as an unregistered security, violating federal securities laws.