🏛️ Legal Showdown Nears Conclusion
Ripple CEO Brad Garlinghouse announced on June 27 that Ripple is dropping its cross-appeal in its long-running case with the U.S. SEC .
This move likely prompts the SEC to drop its appeal too, signaling a potential end to the legal uncertainties around $XRP
2. Judge rejects settlement motion
A US federal judge declined a joint motion from Ripple and the SEC aimed at settling with a reduced $50 M fine and vacating injunctions related to institutional $XRP sales .
