$XRP The lawsuit between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has concluded, putting an end to one of the most discussed cases in cryptocurrency history.
On August 22, the Second Circuit Court rejected all remaining appeals, confirming that transactions involving XRP on public exchanges are not considered the sale of securities. This decision concludes a dispute that began in December 2020 when the SEC accused Ripple of raising $1.3 billion through unregistered XRP offerings.