Ripple and SEC Call Truce: 5-Year Legal War Ends as Both Sides Drop Appeals
After half a decade of courtroom fireworks, Ripple and the SEC just threw in the towel—mutually agreeing to abandon all appeals. No more lawyers’ fees, no more regulatory posturing. Just a quiet exit stage left.
Who won? Depends who you ask. XRP holders are popping champagne, while SEC bureaucrats quietly recalculate their enforcement budget. The crypto industry? It’ll take this draw as a win—regulatory clarity by attrition beats another decade of limbo.
Funny how a ‘settlement’ looks suspiciously like both sides realizing they’d bled enough money. But hey—in crypto, even stalemates move markets. Now if only Wall Street could resolve disputes this efficiently (spoiler: they can’t).