- The parties’ joint proposal to reduce the Ripple money was rejected. Ripple withdraws his calling and expects the SEC to do the same.
- Legal certainty is approaching and the trust of the market is growing-the XRP course rose by over four percent.
Ripple Labs gets closer to the solution of his lengthy conflict with the US stock exchange supervision SEC. After the announcement, the XRP course rose by 4.19 percent to $ 2.19.
Ripple CEO Brad Garlinghouse confirmed on Friday that Ripple will not pursue his appointment in the ongoing legal dispute:
“Ripple withdraws the application for an appeal, and the SEC is expected to drop its calling, as it previously announced. We conclude this chapter once and for all and focus on what is most important – the establishment of the Internet of Value.”
Ripple is dropping our cross appeal, and the SEC is expected to drop their appeal, as they’ve previously said. We’re closing this chapter once and for all, and focusing on what’s most important – building the Internet of Value. Lock in. https://t.co/ZsRgDfcpLh
— Brad Garlinghouse (@bgarlinghouse) June 27, 2025
The SEC can now end the over four -year legal dispute
The appointment was taken back only one day after the court rejected a joint application by Ripple and the SEC, which reduced the civil penalty from Ripple in the amount of $ 125 million to $ 50 million.
The court had previously decided to partially provide the SEC’s application for an injunction and a punishment against Ripple. In its reason, it found that Ripple is apparently willing to test the limits of the existing arrangement. It warned that such behavior indicates the real possibility that Ripple could eventually exceed the legal limits set by the court, if that has not already happened.
The head of the Ripple legal department Stuart Alderoty reacted quickly and saidyou will be on the train now. He explained that Ripple had two options: either withdrawing the appeal that doubts the past institutional sales or continuing the legal dispute. He said:
“Either way, the legal status of XRP remains unchanged as a commodity.”
Ripple’s legal final influences the chances of Swift integration
While the case is coming to an end, speculations about integration between Ripple and Swift appear in the segment of cross -border payments. Since the legal status of XRP is no longer immediately threatened, Ripple’s range of value has increased for global financial networks.
If, as expected, the SEC also withdraws its own appointment, the four and a half year legal dispute would finally end. The combination of safe legal status, market optimism and recovering institutional interest is characterized by a good picture for the XRP future. Although there is still no formal end of the legal dispute, Ripple’s recent decisions show the confidence that the finish line is now within reach.
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