The U.S. Securities and Exchange Commission has issued an order waiving the “bad actor” disqualification that arose from the permanent injunction against Ripple, a procedural change that eases regulatory constraint. The decision comes shortly after both parties filed to dismiss their appeals , marking another step in winding down the long-running dispute. Bill Morgan, a prominent attorney who has followed the case, weighed in on this development, describing the SEC order as another win for Ripple. He called the waiver the “next best thing” given Judge Annalisa Torres’ decision not to dissolve the permanent injunction. Morgan also explained that this decision will help the company raise capital, confirming that “Ripple is no longer barred from conducting exempt securities offerings.” The move by the SEC will also aid Ripple’s broader business objectives, including its application for a national trust bank charter to form the Ripple National Trust Bank (RNTB) . Another win for Ripple. The SEC has made an order waiving the Bad Actor disqualification of Ripple that arose from the permanent injunction. Next best thing given Judge Torres would not dissolve the permanent injunction. This will help Ripple raise capital. Ripple is no longer… https://t.co/ghSFIaZfxg — bill morgan (@Belisarius2020) August 8, 2025 The Bad Actor Disqualification The bad actor disqualification originates in Rule 506(d) of Regulation D, which disqualifies issuers from relying on certain private-offering exemptions when specific enforcement events have occurred. The consequence of such a designation is that an issuer must either seek a waiver or pursue registered offerings, a process that is more time-consuming and costly. Why This Matters For XRP With the disqualification removed, Ripple once again has access to Regulation D private-placement options for accredited investors. This change removes a specific regulatory hurdle and eases some compliance requirements for raising funds privately. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Morgan noted that the waiver will help Ripple raise capital and lift the previous ban on exempt securities offerings. Restored access to Rule 506 can speed up fundraising and give Ripple more flexibility in arranging private investments to support product development, manage liquidity, and build commercial partnerships involving XRP. Although Judge Torres denied the joint motion that would have lifted the permanent injunction placed on Ripple, this relief could help XRP by aiding the company’s broader strategic goals and initiatives that depend on institutional counterparties. For XRP holders, the waiver removes one source of regulatory friction, even though the permanent injunction remains on the record. Whether this targeted relief produces material strategic shifts for Ripple or significant market effects for XRP will depend on the company’s subsequent financing choices and on how regulators and counterparties respond. 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 Another Big Win for XRP: SEC Makes Fresh Order In Favor of Ripple appeared first on Times Tabloid .
