The SEC and Ripple have jointly agreed to withdraw their appeals in the case of the Second Circuit Court, concluding one of the important legal disputes in crypto.
Each party will bear its own costs and fees as a result of the case being dismissed.
The district court's ruling from July 2023, issued by Judge Torres, stating that transactions on the secondary market for XRP are not securities but institutional sales, now remains in effect as a final decision.
https://www.theblock.co/post/366096/sec-ripple-to-end-legal-battle-as-both-parties-abandon-appeals-leaving-xrp-ruling-intact #SECvsRipple $XRP