✅ 🚨BREAKING: SEC and Ripple Officially End Legal Battle
📰On August 7, 2025, the U.S. Securities and Exchange Commission (SEC) and Ripple Labs officially ended their years-long legal battle by filing a Joint Stipulation of Dismissal with the U.S. Court of Appeals for the Second Circuit. Both parties agreed to dismiss their respective appeals, thereby formally closing the case.
🔍 Key Details:
No further appeals will be made by either side.
The 2023 ruling by Judge Analisa Torres now stands as final:
XRP sales on public exchanges are not securities
Institutional XRP sales violated securities laws
Ripple will pay a $125 million penalty and comply with an injunction to prevent future violations.
The case is now legally and procedurally over.
📈 Market Reaction:
XRP surged by 5%–11% following the announcement.
The resolution brings regulatory clarity to XRP and boosts confidence in broader crypto markets.
📰 Sources:
SEC Official Litigation Release No. 26369
BeInCrypto Report
BraveNewCoin Analysis