Ripple vs SEC: Why the XRP Legal Battle Still Isnt Officially Over

• Ripple and the SEC have been mired in a long-running legal battle over XRP sales.
• Since President Donald Trump returned to office, the pair have been working on a resolution.
• Court rulings have prevented the planned conclusion, though the end now appears to be in sight.

Ripple boss says ‘case has ended’ – March 19

Ripple penalty slashed to $50 million – March 25

Ripple, SEC file to suspend appeals – April 10

Commissioner Crenshaw slams deal – May 8

Judge rejects settlement – May 16

Ripple, SEC ask court to dissolve injunction – June 13

Denied again, $125 million penalty stands – June 26

last Thursday.

Ripple says itll drop appeal – June 27

Following the latest court denial, Garlinghouse said late Friday that Ripple has decided to drop its cross-appeal—and with the SEC previously saying it would drop its own appeal to the 2023 ruling, that should finally bring the case to a close.

“Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they‘ve previously said,” Garlinghouse wrote on X. “We’re closing this chapter once and for all, and focusing on whats most important—building the internet of value. Lock in.”

Assuming all goes as planned, that should finally bring this long-running XRP saga to an end. Stay tuned for the filings that lock in the apparent conclusion.