As of July 21, 2025, the SEC lawsuit against Ripple Labs appears resolved, with both parties agreeing to drop their appeals on June 28, 2025. The SEC is expected to formally withdraw its appeal soon, likely by August 15, 2025, based on earlier deadlines, though the exact timing remains subject to procedural formalities.
XRP was originally positioned as a global payments bridge to streamline institutional liquidity. A multi-year SEC lawsuit concluded with a partial ruling and a $125 million cash settlement shaping XRP’s regulatory path.
Ripple’s focus has shifted to enterprise infrastructure, emphasizing compliance, interoperability and real-world financial utility. The SEC is expected to formally withdraw its appeal soon, possibly by August 15, 2025, based on earlier status report deadlines. While some sources indicate the battle is ending, others note the SEC's withdrawal is still pending a vote or formal motion.
Recent X posts echo this: "Ripple and SEC agree to drop appeals and end legal battle," per CEO Brad Garlinghouse. However, one post cautions it's not fully over until the judge's ruling is finalized. For official SEC updates on Ripple Labs, Bradley Garlinghouse, and Christian Larsen, check litigation releases.
Key sources:
- Reuters: Ripple to drop cross appeal against US SEC in crypto lawsuit, CEO says.
- X Post by WatcherGuru: Ripple and SEC agree to drop appeals and end legal battle.
- SEC Litigation Releases: Ripple Labs, Inc., Bradley Garlinghouse, and Christian Larsen.
- Crowdfund Insider: Ripple And SEC Move To Conclude Long-Running XRP Lawsuit.
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