“Ripple Lawsuit Coming to an End? XRP Supporter's Lawyer Reveals Stunning Insider Information!”

The lengthy legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC) is still not settled. Although Ripple CEO Brad Garlinghouse has stated that the SEC has agreed to withdraw the lawsuit, the case has not officially concluded. Many in the XRP community have begun to celebrate, but lawyers caution that the real conclusion is still far from being reached.

Supporters of XRP point out that even though the SEC has dropped all related cryptocurrency cases, including the appeal against Ripple, this does not mean that the lawsuit is completely over. Ripple's Chief Legal Officer Stuart Alderoty has publicly questioned the legality of the SEC's lawsuit, noting that the SEC cannot take action without clear cryptocurrency regulations.

Meanwhile, Ripple has announced it will stop releasing its regular quarterly reports on XRP. The company stated that while the intention was to promote transparency, these efforts were used by the SEC to attack its position, ultimately failing to achieve the desired effect. Ripple now hopes to focus on business development, collaborate with Congress, and advocate for fair cryptocurrency regulations to protect consumer interests and foster industry innovation.