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Court Approves SEC And Ripple’s Joint Motion to Drop Appeals
  • Forex

Court Approves SEC And Ripple’s Joint Motion to Drop Appeals

  • August 7, 2025
  • Roubens Andy King
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The filing came precisely one year after Ripple had been ordered to pay $125 million as part of an enforcement action over the company using XRP as unregistered securities.

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COINTELEGRAPH IN YOUR SOCIAL FEED

The civil lawsuit between the US Securities and Exchange Commission (SEC) and Ripple Labs appears to be finished after a filing confirming both parties jointly stipulated to the dismissal of the regulator’s appeal and the blockchain company’s cross-appeal.

In a Thursday filing in the US Court of Appeals for the Second Circuit, the court recognized the joint dismissal of the SEC’s appeal and Ripple’s cross-appeal in the enforcement action involving XRP.

“The end…and now back to business,” Ripple Chief Legal Officer Stuart Alderoty wrote in a Thursday X post.

Law, Ripple, SEC, Court
Source: US Court of Appeals for the Second Circuit

This is a developing story, and further information will be added as it becomes available.