This is Finally the End: The Ripple Case Concludes as Predicted - The National Law Review

This analysis by a legal expert examines the long-awaited resolution of the SEC's enforcement action against Ripple Labs and its broader implications for cryptocurrency regulation.

The article celebrates the vindication of the author's predictions from four years ago, when they argued the SEC's case against Ripple was fundamentally flawed. The recent joint dismissal of appeals and the SEC's unprecedented waiver of Ripple's "bad actor" disqualification represents what the author calls a complete regulatory capitulation. The resolution validates criticisms of the SEC's "enforcement by destruction" strategy, which caused significant harm to XRP holders while failing to provide the regulatory clarity the crypto industry desperately needs.

• The SEC's approach created unprecedented situations, including protected investors filing against their supposed protector
• Judge Torres' ruling provided crucial legal precedent by rejecting the SEC's novel "embodiment theory" for digital assets
• The resolution demonstrates the importance of fighting regulatory overreach rather than settling meritless claims
• This case highlights the urgent need for clear rulemaking instead of enforcement-first regulatory strategies