The long-running SEC vs. Ripple legal battle has officially come to an end.
Both parties have filed a Joint Stipulation of Dismissal for their appeals โ meaning the case is closed.
๐ธ ๐๐ก๐๐ญ ๐๐๐ฉ๐ฉ๐๐ง๐๐ ๐
๐ถ SEC and Ripple jointly agreed to dismiss all appeals
๐ถ Filed under Federal Rule of Appellate Procedure 42(b)(1)
๐ถ Each side will bear its own costs and fees
๐ถ Applies to both SECโs appeal (No. 24-2648) and Rippleโs cross-appeal (No. 24-2705)
๐ธ ๐๐ก๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ญ๐ญ๐๐ซ๐ฌ ๐
๐ถ Ends years of uncertainty for $XRP and Ripple Labs
๐ถ Clears legal overhang affecting crypto regulation in the U.S.
๐ถ May set a precedent for future SEC crypto enforcement cases
๐ก Bottom line: After years of legal battles, Ripple vs. SEC is officially history โ a landmark moment for the crypto industry and the XRP community.