The long-running legal fight between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is officially over.
According to Cointelegraph, both sides agreed to drop their appeals, and the U.S. Court of Appeals for the Second Circuit confirmed the case is closed. This ends one of the most closely watched enforcement actions in crypto history.
Ripple’s Chief Legal Officer, Stuart Alderoty, celebrated the news, posting on X: “The end… and now back to business.”
The SEC had argued that XRP, Ripple’s token, should be treated as a security, while Ripple maintained it should not. This argument has been at the heart of the case and a key point in the larger debate over how digital assets should be regulated in the U.S.
Now that the case is settled, the outcome could shape how other cryptocurrencies are treated by regulators in the future. Many in the industry are watching closely to see if this brings clearer rules and more certainty for blockchain companies moving forward.