The long-running legal battle between the US Securities and Exchange Commission (SEC) and Ripple Labs has officially concluded. As reported by legal expert James K. Filan, both parties have filed a joint motion to dismiss their appeals to the Second Circuit Court of Appeals. This decisive action means that the SEC, Ripple, CEO Brad Garlinghouse, and co-founder Chris Larsen have mutually agreed to drop their respective appeals. Crucially, the motion stipulates that both sides will bear their own legal costs and associated fees. While the specific details leading to this joint dismissal remain undisclosed, the outcome brings a definitive end to a lawsuit that has significantly impacted the cryptocurrency industry. The future implications of this resolution for XRP and the regulatory landscape surrounding digital assets remain to be seen. ```