Ripple and SEC Drop Appeals, Marking End of Legal Saga

News Observation
Written By SAwoniyi

Source:X.com

On June 26, 2025, the prolonged legal clash between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) took a decisive turn.


Judge Analisa Torres denied both parties’ Motion for an Indicative Ruling, prompting Ripple’s Chief Legal Officer Stuart Alderoty to reaffirm that XRP's legal status as not a security remains unchanged. “It’s business as usual,” Alderoty posted, assuring the community.

Source:X.com

Ripple CEO Brad Garlinghouse followed up with a statement confirming that Ripple is dropping its cross appeal, while the SEC is expected to do the same.

“We’re closing this chapter once and for all,” he wrote on X.com, signaling the company's renewed focus on building the Internet of Value.


This decision brings long-awaited clarity to the XRP community and the broader crypto industry, allowing Ripple to shift fully from courtroom battles to technological innovation and global adoption.

SAwoniyi

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