šŗšø SEC and Ripple ($XRP ) Officially End Legal Battle ā Appeals Dismissed! š
After nearly five years of courtroom drama, Ripple Labs and the U.S. SEC have filed a joint dismissal of all appeals, marking the official end of their legal dispute over XRP.
Why It Matters:
- Ripple and SEC agreed to bear their own legal costs, closing the case cleanly.
- Judge Torresā 2023 ruling stands: XRP sales to retail investors are not securities.
- This clears the path for XRPās broader adoption, exchange relistings, and ETF momentum.
Market Impact:
- XRP surged past $3.20 on the news, with bullish sentiment rising across altcoins.
- Japanās SBI Holdings plans to launch the countryās first Bitcoin/XRP ETF, signaling institutional confidence.
Summary:
Rippleās legal victory is a turning point for crypto regulation. With the SEC case behind it, XRP is poised for global expansion and deeper integration into payments and DeFi.