🚨 Ripple Ends Legal War with SEC After 5 Years 🏛️
Ripple Labs CEO Brad Garlinghouse confirms: they’re dropping their cross-appeal against the SEC. The move follows a New York judge blocking their second attempt to settle for $50M.
✅ $125M penalty stands
✅ $50M settlement attempt rejected
✅ XRP rose ~1.4% after the news
✅ Final step in a years-long regulatory saga
Does this finally clear XRP’s path forward — or is regulation still looming? 👀
Note: Based on reporting by Cheyenne Ligon and edited by Nikhilesh De, CoinDesk (June 28, 2025).