Ripple ends its legal battle with the SEC by withdrawing its cross-appeal on XRP sales.
Court ruling keeps XRP retail trading outside securities law but imposes penalties on Ripple.
The case’s conclusion provides regulatory clarity for digital asset offerings in the U.S.
Ripple Labs has announced it is withdrawing its cross-appeal against the U.S. Securities and Exchange Commission (SEC), a decisive move that brings one of the crypto market’s most-watched legal sagas to a close.
The announcement from Ripple CEO Brad Garlinghouse marks the end of nearly four years of legal conflict over the classification and sale of the XRP token.
Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in. https://t.co/ZsRgDfcpLh
— Brad Garlinghouse (@bgarlinghouse) June 27, 2025
Why Did Ripple Withdraw the Appeal Now?
The move to end the legal battle comes just after a key court order from Judge Analisa Torres. On June 26, she denied a joint request from both Ripple and the SEC …
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