Ripple Drops Appeal with SEC, Ending XRP Lawsuit After Nearly 4 Years

2025-6-28 00:49

Ripple has officially withdrawn its cross-appeal with the SEC in the XRP lawsuit, marking a decisive end to one of crypto’s longest-running legal disputes.

CEO Brad Garlinghouse announced the move on June 27, stating the company will not challenge the court’s 2023 finding that XRP sales to institutional investors constituted securities transactions.

Is the XRP Lawsuit Finally Over?

The Ripple v SEC case has been a huge event for crypto regulation, but the spectacle didn’t end after the case was dropped.

Both parties have spent the last few months trying to resolve one lingering issue: a cross-appeal regarding non-institutional securities sales.

Today, Ripple CEO Brad Garlinghouse announced that the company is finally giving up.

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

This decision follows Judge Torres’ June 26 ruling, which denied the parties’ attempt to modify the injunction and reduce Ripple’s penalty. That rejection blocked the path to a negotiated resolution.

By dropping the appeal, Ripple accepts the court’s existing judgment. This includes the restriction on institutional XRP sales and the likely imposition of a $102.6 million penalty.

No further court dates are expected, and the case will conclude once the SEC formally withdraws its own appeal. That step is anticipated in the coming weeks.

The 2023 ruling, which found XRP sales on exchanges are not securities, remains intact. That provides continued clarity for retail XRP trading.

The case, which began in December 2020, has become a key precedent in crypto regulation. Its conclusion closes a chapter in US digital asset enforcement.

The post Ripple Drops Appeal with SEC, Ending XRP Lawsuit After Nearly 4 Years appeared first on BeInCrypto.

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ripple sec appeal retail facing ongoing restrictions

Источник: beincrypto.com

ripple sec → Результатов: 126


Ripple отзывает встречную апелляцию и получит $75 млн компенсации от SEC

Главный юрисконсульт Ripple Стюарт Алдероти (Stuart Alderoty) сообщил, что компания согласилась отозвать встречную апелляцию в деле против Комиссии по ценным бумагам и биржам США (SEC), и ей будет возвращено около $75 млн из суммы, установленной судебным решением в августе 2024 года.

2025-3-26 11:54


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Фото:

SEC to hold key meeting today: will Ripple finally reach a settlement?

The cryptocurrency market is on edge as the US Securities and Exchange Commission (SEC) prepares for a crucial closed-door meeting today, February 13, 2025. While the session falls under the Sunshine Act, meaning discussions remain private, speculation is rife about its potential implications for Ripple and the wider digital asset sector. With XRP’s price movements […]

2025-2-13 07:51


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В преддверии слушаний по делу американской компании Ripple, которые должны состояться 15 января 2025 года, бывший поверенный Комиссии по ценным бумагам и биржам США (SEC) усомнился в правильности предыдущего решения суда о статусе выпускаемой этой компанией криптовалюты XRP.

2024-12-22 13:51


Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling

Stuart Alderoty, Ripple’s chief legal officer, said “the SEC can’t submit new evidence or ask us to produce more” Ripple’s Form C requests that each issue is subjected to a de novo standard of review Ripple’s cross-appeal follows a week after the SEC filed its cross-appeal against a previous ruling that partially favored Ripple Ripple […] The post Ripple files cross-appeal challenging SEC’s XRP institutional sales ruling appeared first on CoinJournal.

2024-10-26 15:27


Глава Ripple о новой апелляции SEC: «Будем бороться столько, сколько потребуется»

Комиссия по ценным бумагам и биржам США (SEC) подала апелляцию на решение суда по делу против Ripple, что вызвало резкую реакцию руководства компании. Глава Ripple Брэд Гарлингхаус (Brad Garlinghouse) заявил о готовности продолжать борьбу в суде.

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