Ripple Drops Cross-Appeal Against SEC—Final Nail in the Coffin for Crypto’s Longest Legal Drama
Ripple just threw in the towel—and Wall Street barely blinked.
The blockchain giant's decision to abandon its cross-appeal against the SEC marks the end of a brutal four-year legal slugfest. No more courtroom theatrics, no more 'security vs. utility' semantic debates—just the cold reality of regulatory fatigue setting in.
For XRP holders? A bittersweet finale. The token survives, but the precedent chills: even crypto's most deep-pocketed players eventually kneel before the SEC's slow-grinding enforcement machine. Meanwhile, traditional finance yawns and checks its bond yields.
One cynical takeaway? When the legal bills outpace the market cap, even true believers learn compliance. The 'decentralized' dream lives on—just with better lawyers on retainer.
