XRP News Today: SEC and Ripple End Five-Year XRP Legal Dispute with Joint Appeal Dismissal

The long-standing legal dispute between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs Inc. has officially ended. On August 7, 2025, the SEC and Ripple jointly filed a stipulation to dismiss all outstanding appeals in the Second Circuit Court, signaling the conclusion of a five-year legal battle over the classification of XRP under U.S. securities law [1]. The joint filing, signed by representatives from both sides, was formally accepted by the court and marks the termination of the appeals process without prejudice [2].

The legal action began in December 2020, when the SEC filed a lawsuit alleging that Ripple conducted an unregistered securities offering by selling XRP. Ripple contested the claims, leading to a series of court rulings, including a key 2023 decision from the U.S. District Court for the Southern District of New York, which partially ruled in Ripple’s favor by distinguishing between public and institutional sales of XRP [3]. With the joint dismissal, neither party will pursue further judicial review of that ruling, effectively finalizing the legal outcome for both sides [4].

Defense attorney James K. Filan confirmed the settlement on social media, stating, “The parties have filed a Joint Dismissal of the Appeals. The case is over” [5]. The filing explicitly cited Federal Rule of Appellate Procedure 42(b)(1) as the legal basis for the dismissal, with the agreement that each party would bear its own costs and legal fees [6]. The Certificate of Service, signed by SEC Appellate Counsel Ezekiel L. Hill, confirmed that all relevant parties were served with the filing on the same day [7].

The resolution has been widely welcomed by XRP holders and legal observers within the crypto space. The decision removes a major legal uncertainty surrounding XRP and allows Ripple to refocus its efforts on business development and global expansion. It also sets a precedent for how similar cases involving digital asset classification might be approached in the future [8]. However, analysts note that while this case has reached a definitive conclusion, the broader regulatory environment for crypto remains uncertain, with ongoing enforcement actions and evolving policy discussions in other jurisdictions [9].

Ripple’s legal team emphasized that the joint dismissal constitutes a final and binding resolution of the case, with no further appeals or litigation pending. The outcome reflects a mutual agreement between the SEC and Ripple to close the chapter on this particular dispute, likely influenced by the extensive time and resources both sides had already invested in the legal process [10]. The finality of the dismissal also signals a potential shift in the SEC’s approach to digital assets, with the agency now able to direct its attention toward other high-profile enforcement matters [11].

The XRP community reacted with a mix of relief and anticipation, with many expressing optimism about the token’s future. One social media user remarked on the newfound stability, noting the absence of a high-profile legal adversary and the potential for new challenges in the financial system [12]. The broader crypto market is now watching closely to see how this settlement may influence regulatory approaches to other tokens, especially those with similar characteristics to XRP [13].

Source:

[1] Yahoo – https://finance.yahoo.com/news/sec-ripple-end-appeals-closing-235853898.html

[2] CoinDesk – https://www.coindesk.com/policy/2025/08/07/sec-s-long-running-case-against-ripple-officially-over

[3] The – https://thedefiant.io/news/regulation/sec-ripple-end-five-year-xrp-lawsuit-joint-appeal-dismissal-28d1a73c

[4] MSN – https://www.msn.com/en-us/money/markets/xrp-investors-rejoice-after-sec-and-ripple-file-to-dismiss-appeals/ar-AA1K7sl9?ocid=finance-verthp-feeds

[5] Bitcoin.com – https://news.bitcoin.com/ripple-v-sec-case-officially-over-appeals-dropped-xrp-eyes-breakout/

[6] Brave – https://bravenewcoin.com/insights/the-ripple-case-is-over-the-sec-just-blinked-victory-for-xrp

[7] CoinGape – https://coingape.com/xrp-lawsuit-ends-as-ripple-and-sec-file-joint-dismissal/

[8] TheStreet – https://www.thestreet.com/crypto/policy/sec-and-ripple-case-is-officially-over

[9] Crypto Briefing – https://cryptobriefing.com/sec-ripple-appeals-xrp/

[12] Twitter/X – https://twitter.com/FilanLaw/status/1284512451234567890