Ripple has unfrozen 1 billion XRP from escrow accounts in three batches, with a total value of over $1.377 billion. The company still holds approximately 32.91 billion XRP, worth over $45.3 billion, to manage market liquidity. Despite the XRP unfreezing, its price did not show an immediate reaction after dropping 16.45% in February.

$XRP The crypto industry rarely forgets its defining battles. Only a few conflicts have shaped market sentiment and regulatory debates more than the U.S. government’s case against Ripple. For years, XRP operated under a cloud of uncertainty as regulators questioned its legal status and exchanges distanced themselves from the token. Now, in an unexpected turn, an official who witnessed the entire episode apparently made a surprising admission. CryptoSensei reported on X that Ripple CEO Brad Garlinghouse shared an impressive encounter during a recent briefing at the White House on digital assets. Garlinghouse told the audience in Sydney that one U.S. official privately approached him and said, "Sorry... I was wrong, and you guys did an incredible job." Garlinghouse described the moment as a real surprise. He did not reveal the official’s identity but confirmed that the person held a high enough position to attend a session at the White House. 👉From Law Enforcement Actions to a Legal Turning Point The background of this moment carries significant weight. In December 2020, the U.S. Securities and Exchange Commission filed a lawsuit against Ripple, claiming that XRP is an unregistered security. This action led to widespread delistings from exchanges and wiped billions from the market cap. In July 2023, U.S. District Court Judge Analisa Torres ruled that XRP itself is not a security when sold on secondary markets. The court distinguished between institutional sales and programmatic sales, narrowing the SEC’s broader argument. After prolonged litigation, Ripple agreed to pay a $125 million civil penalty related to certain institutional transactions. By 2025, both Ripple and the SEC withdrew their appeals, officially closing the case and ending one of the most significant legal disputes in the crypto space. 👉The White House Statement Signals Policy Evolution The alleged apology took place at a digital assets briefing at the White House, adding symbolic significance. Officials attending such briefings typically shape or influence federal crypto policy. While Garlinghouse declined to name the individual, a private remark suggests that prospects inside Washington may have shifted since the early days of the lawsuit. Online speculation quickly followed, with some observers naming former regulators. However, no confirmed individual appeared. Without an official disclosure, the statement remains a personal exchange rather than a formal policy announcement. 👉What This Moment Means for XRP Garlinghouse’s story reflects more than just an apology. The Ripple case forced courts, regulators, and lawmakers to clarify how existing securities laws apply to digital assets. The outcome strengthened legal certainty for XRP and influenced broader regulatory discussions. The expressed acknowledgment suggests that some policymakers may now recognize Ripple’s operational resilience and the utility-focused model of XRP. While the person behind the apology remains unconfirmed, the overall message is clear: the regulatory narrative around XRP has evolved. After four years of confrontation, the conversation has shifted from accusation to acknowledgment. For many in the crypto space, this shift marks a significant turning point.

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