Ripple Drops SEC Appeal in Landmark XRP Case—Closure After Years of Legal Warfare
Ripple just threw in the towel—but scored a knockout.
The blockchain giant announced today it’s abandoning its appeal against the SEC, finally drawing a line under the brutal legal battle over XRP’s regulatory status. No more appeals. No more ambiguity. Just a clean exit from a fight that’s drained wallets and patience since 2020.
Why this matters
This isn’t just legal housekeeping. Ripple’s decision effectively locks in its partial victory—the court already ruled XRP isn’t a security *when sold to retail*. That precedent now stands unchallenged, giving the entire crypto industry breathing room.
The cynical take
Wall Street’s finest will spin this as ‘regulatory clarity.’ Translation: another asset class they can’t control gets to live another day—until the next SEC power grab.
One thing’s certain: XRP holders can finally stop checking court dockets and start checking price charts again.