Ripple v. SEC Case Officially Concludes After Joint Motion to Dismiss Appeals

The long running legal battle between Ripple Labs and the U.S. SEC has officially come to an end. After nearly five years of court proceedings. Both parties have filed a joint motion to dismiss their respective appeals. This marks the official conclusion of one of the most closely watched cases in crypto history.

Case Formally Closed After Joint Filing

According to the official court filing, Ripple Labs, its executives, Brad Garlinghouse and Chris Larsen. With the SEC jointly agreed to dismiss all pending appeals. The motion filed with the U.S. Court of Appeals for the Second Circuit. It confirms that each side will bear its own legal costs and fees. The document, titled “Joint Stipulation of Dismissal.” It was signed by attorneys representing Ripple and the SEC. 

The filing effectively ends all remaining appellate actions related to the original 2020 lawsuit. Which alleged that Ripple sale of XRP constituted an unregistered securities offering. This marks a historic moment for the crypto industry. It is closing a case that has influenced regulatory discussions around digital asset classification for years.

Ripple and SEC Agree to Move Forward

The dismissal signals that Ripple and the SEC are ready to move on. For the SEC this likely reflects a strategic decision to focus on other ongoing crypto enforcement actions. For Ripple, it represents a long awaited victory. Also, an opportunity to focus entirely on growth and innovation.

While the legal battle has weighed heavily on XRP’s reputation and price over the years. The resolution may restore confidence among investors and partners. Ripple executives had previously expressed frustration over the lengthy litigation. But maintained that the company had operated transparently within the law.

Ripple’s Expansion and $500M Funding

Coinciding with the case’s conclusion, Ripple has entered a new phase of expansion. The company recently secured $500 million in funding at a $40 billion valuation. Backed by investors such as Fortress Investment Group, Citadel Securities, Pantera Capital and Galaxy Digital. Ripple has also partnered with Mastercard, Gemini, and WebBank to pilot a credit card settlement system. 

Using its RLUSD stablecoin on the XRP Ledger (XRPL). The goal is to enhance settlement speed and cost efficiency across traditional financial networks. The partnership underscores Ripple growing focus on bridging crypto and real world finance. In the days following the announcement. The XRP Ledger saw a notable surge in network activity. With more than 21,000 new wallets were created in just 48 hours.

A New Chapter for XRP and Ripple

With the legal cloud finally cleared, Ripple appears well-positioned to reassert its role as a leader in blockchain based payments. The end of the SEC case not only provides legal clarity. But also strengthens Ripple global credibility at a time when institutions are increasingly exploring crypto integrations.

For XRP holders, the moment represents closure and renewed optimism. The token’s future now rests on innovation and adoption. Rather than courtroom battles. After years of uncertainty, Ripple can finally focus on building. Without the shadow of litigation looming overhead. Consequently, the company can now focus on growth.