Ripple officially announced that it would drop its cross-appeal in its long-running legal battle with the U.S. Securities and Exchange Commission (SEC), effectively ending its challenge to the court's decision on institutional XRP sales

Date

June 27, 2025

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Ripple has officially withdrawn its cross-appeal with the SEC in the XRP lawsuit, marking a decisive end to one of crypto’s longest-running legal disputes.

Ripple will drop its cross-appeal in its prolonged legal battle with the U.S. Securities and Exchange Commission, signaling an end to one of the crypto industry’s most consequential court cases.

Ripple CEO Brad Garlinghouse announced the move on June 27, stating the company will not challenge the court’s 2023 finding that XRP sales to institutional investors constituted securities transactions.

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Week 26 of 2025