Ripple and SEC Drop Appeals, Ending a Five-Year Legal Standoff

Ripple and the U.S. Securities and Exchange Commission have agreed to call it quits on one of the most closely watched legal battles in crypto. Both sides are dropping their appeals, bringing an end to nearly five years of courtroom drama over the status of XRP. Ripple CEO Brad Garlinghouse confirmed the decision publicly, saying.. The post Ripple and SEC Drop Appeals, Ending a Five-Year Legal Standoff appeared first on 99Bitcoins.

crypto

Jun 28, 2025 - 21:00

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Ripple and the U.S. Securities and Exchange Commission have agreed to call it quits on one of the most closely watched legal battles in crypto. Both sides are dropping their appeals, bringing an end to nearly five years of courtroom drama over the status of XRP. Ripple CEO Brad Garlinghouse confirmed the decision publicly, saying the company is finally ready to move on.

This decision comes after a series of rulings, negotiations, and attempted settlements that kept the industry guessing for years. While some questions remain unresolved, both Ripple and the SEC seem to have decided that continuing the fight was no longer worth it.

How It All Started

The SEC first sued Ripple back in December 2020, accusing the company of raising more than $1.3 billion by selling XRP as an unregistered security. Ripple pushed back, arguing that XRP should be treated like a currency, not an investment contract. What followed was a long legal tug-of-war that saw partial wins and losses on both sides.