Ripple Drops Appeal with SEC, Ending XRP Lawsuit After Nearly 4 Years

Description

Ripple has ended its legal fight by dropping its cross-appeal, with the SEC expected to follow, solidifying the legality of XRP's exchange sales but confirming penalties for institutional sales.

Authors

Landon Manning

Publish date

June 27, 2025

Publisher

BeInCrypto

Web URL

https://beincrypto.com/ripple-sec-abandon-cross-appeal-xrp-lawsuit-over

Referenced by

This decision follows Judge Torres’ June 26 ruling, which denied the parties’ attempt to modify the injunction and reduce Ripple’s penalty. That rejection blocked the path to a negotiated resolution.

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No further court dates are expected, and the case will conclude once the SEC formally withdraws its own appeal. That step is anticipated in the coming weeks.

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By dropping the appeal, Ripple accepts the court’s existing judgment. This includes the restriction on institutional XRP sales and the likely imposition of a $102.6 million penalty.

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