Ripple v. SEC case update: May 6, 2025

By: finbold|2025/05/06 22:15:01
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Summary⚈ Ripple claims the SEC officially withdrew its appeal, though the SEC remains silent.⚈ XRP is trading at $2.09, down 2.54% daily but up 0.65% YTD.⚈ Despite resistance at $2.20, long bets rise, and whales continue accumulating XRP.The latest news regarding the Ripple v. SEC case has come from Ripple Labs, and it has caused a bit of a stir in the cryptocurrency market.On May 5, Ripple Labs published its Q1 2025 XRP markets report. Under “Key Highlights”, the report states the following:“The SEC officially withdrew its appeal, closing the chapter on a multi-year legal saga that tested the limits of regulatory overreach and the war on crypto.”As noted by cryptocurrency lawyer Bill Morgan in a May 6 X post, this is the first statement made by Ripple — not Chief Executive Officer (CEO) Brad Garlinghouse, which details the lawsuit as withdrawn. “Odd though that the report states the SEC has officially withdrawn its appeal when the SEC commissioners, as far as we know have not voted yet on the matters.”Odd though that the report states the SEC has officially withdrawn its appeal when the SEC commissioners as far as we know have not voted yet on the matters /2 pic.twitter.com/npxaFX4WWF— bill morgan (@Belisarius2020) May 6, 2025Indeed, as of the time of writing, the Securities and Exchange Commission (SEC) has not made any public statements regarding the matter — and even Ripple’s report cites Garlinghouse’s March 19 X post by way of which the news was broken.Will the latest Ripple v. SEC case update have an effect on XRP prices?While the discrepancy between Ripple Labs’ statement and the way that the SEC is handling affairs is notable, it is most likely not a cause for concern. The odds of Garlinghouse having made a false statement to the public, particularly at the beginning of a pro-crypto administration in the White House, are minuscule.The likeliest explanation is that a deal has been reached regarding the Ripple v. SEC case — but that the commission is holding off on making the final decision public until it is in a better position to introduce regulatory clarity. In addition, as outlined by crypto lawyer James Farrell, a former SEC employee, the procedural steps involved in bringing the matter to a close, legally speaking, will most likely see the case drag on until October — and that’s in the best case scenario.As of press time on May 6, XRP was trading at $2.09, having marked a 2.54% loss on the daily chart which has brought year-to-date (YTD) returns to 0.65%.XRP price 1-day and year-to-date (YTD) chart. Source: FinboldIn spite of a failure to breach resistance at $2.20, XRP long bets have soared to a monthly high, whales have quietly been accumulating the token, and Ripple’s co-founder recently had a meeting with SEC chair Paul Atkins, indicating a significant degree of buying interest and that a dialogue between the regulatory body and the blockchain company is ongoing.Featured image from ShutterstockThe post Ripple v. SEC case update: May 6, 2025 appeared first on Finbold.

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On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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