The prolonged legal battle between Ripple Labs and the U.S. SEC has officially concluded after nearly five years of court proceedings. Both parties filed a joint motion to dismiss their respective appeals, bringing an end to one of the most closely followed cases in the history of the crypto industry.
Case Formally Closed After Joint Filing
The prolonged legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has officially concluded. According to a recent court filing, Ripple Labs, along with its executives Brad Garlinghouse and Chris Larsen, and the SEC jointly agreed to dismiss all pending appeals. The joint motion, filed with the U.S. Court of Appeals for the Second Circuit and titled “Joint Stipulation of Dismissal,” confirms that each party will bear its own legal fees and costs.
This filing effectively ends all remaining appellate actions related to the original 2020 lawsuit, which accused Ripple of conducting an unregistered securities offering through the sale of XRP. The decision marks a historic milestone for the cryptocurrency industry, closing a case that has shaped regulatory debates over digital asset classification for years.
Ripple and SEC Agree to Move Forward
The dismissal signals a mutual decision by both Ripple and the SEC to turn the page. For the SEC, the move likely reflects a strategic shift toward other ongoing crypto enforcement cases. For Ripple, it represents a long-awaited victory and a renewed opportunity to focus on growth and innovation.
Although the lengthy litigation has weighed on XRP’s price and reputation, the resolution could restore investor and institutional confidence. Ripple executives, who had often voiced frustration over the drawn-out proceedings, have consistently maintained that the company operated transparently and within regulatory bounds.
Ripple’s Expansion and $500M Funding
Coinciding with the legal resolution, Ripple has entered a major phase of expansion. The company recently secured $500 million in new funding, achieving a $40 billion valuation. The round included notable backers such as Fortress Investment Group, Citadel Securities, Pantera Capital, and Galaxy Digital.
Ripple also announced partnerships with Mastercard, Gemini, and WebBank to pilot a credit card settlement system using its RLUSD stablecoin on the XRP Ledger (XRPL). The initiative aims to improve settlement speed and reduce costs across traditional financial networks, underscoring Ripple’s mission to bridge the gap between crypto and mainstream finance.
Following the announcement, network activity on the XRP Ledger surged — over 21,000 new wallets were created within 48 hours.
A New Chapter for XRP and Ripple
With the legal uncertainty finally behind it, Ripple is well-positioned to reclaim its place as a leader in blockchain-based payments. The end of the SEC case not only brings long-awaited legal clarity but also bolsters Ripple’s global credibility at a time when institutional interest in crypto integration continues to grow.
For XRP holders, this moment represents both closure and renewed optimism. The token’s future will now hinge on technological progress and real-world adoption rather than courtroom outcomes. After years of regulatory battles, Ripple can finally move forward — focused squarely on innovation, expansion, and building the future of digital finance.
