The post XRP Lawsuit Ends as Ripple and SEC File Joint Dismissal appeared on BitcoinEthereumNews.com.

In a massive development for the crypto community and most especially the XRP community, the SEC and Ripple have moved to end their respective appeals. This officially ends the XRP lawsuit, a case that has lasted over four years. XRP Lawsuit Ends Following Ripple, SEC Joint Dismissal In an X post, Defense lawyer James Filan revealed that Ripple and the SEC have filed a joint dismissal of the appeals. He added that the lawsuit is over following this move. This development comes over a month after the crypto firm agreed to drop its cross-appeal in the XRP lawsuit. However, the SEC still had to take a vote to drop its appeal, which was what delayed the move to drop the appeal case. However, this move confirms that the Commissioners voted in favor of dropping the case, which has prompted the filing from both parties. The joint dismissal officially ends a legal battle that began in December 2020 and has lasted over four years. The filing showed that the SEC, as the appellant, and Ripple, alongside its executives Brad Garlinghouse and Chris Larsen, filed this joint stipulation of dismissal. Notably, legal expert Bill Morgan had rightly predicted that the XRP lawsuit dismissal was likely to happen before August 15. With the case now over, the monetary judgment that Ripple paid will be released from escrow and paid to the SEC. Meanwhile, the injunction will still stand as Judge Analisa Torres had earlier refused to give an indicative ruling that would adopt the settlement agreement reached by both parties earlier in the year. Ripple and the SEC had agreed that the crypto firm would pay $50 million instead of the $125 million Judge Torres had ordered. Meanwhile, the SEC had asked the court to drop the injunction against Ripple, which Judge Torres…

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Filed under: News - @ August 8, 2025 1:28 am