US EditionRipple to Drop Cross-Appeal Against SEC, Ending Years-Long Legal Battle With SEC
39 Articles
39 Articles
XRP Soars 3%: Ripple Drops SEC Cross-Appeal, Says Garlinghouse
In a notable development within the cryptocurrency sector, Ripple Labs CEO Brad Garlinghouse announced the decision to drop the cross-appeal against the U.S. Securities and Exchange Commission (SEC). This strategic move marks a significant moment in the ongoing legal standoff that has captured the attention of the blockchain community and investors globally. Ripple’s Legal Strategy Ripple Labs has been embroiled in an intense legal battle with t…
Ripple Ends Legal Battle with SEC as Company Withdraws Cross-Appeal
The post Ripple Ends Legal Battle with SEC as Company Withdraws Cross-Appeal appeared first on Coinworldstory. Ripple ends its legal battle with the SEC by dropping its cross-appeal, settling for a $125M penalty and permanent injunction on institutional sales. The post Ripple Ends Legal Battle with SEC as Company Withdraws Cross-Appeal appeared first on Coinworldstory.
“We close this chapter once and for all,” said Brad Garlinghouse, indicating Ripple’s plans to abandon his cross appeal. If the SEC does the same, they will finally leave behind the legal case of more than 4 years. *** Ripple CEO Brad Garlinghouse announces plans to abandon cross appeal. “We close this chapter once and for all,” he said on social media. If the SEC does the same, they will finally leave behind the legal battle of almost 5 years. …
Ripple Ends Legal War with SEC to ‘Build the Internet of Value’
CEO Brad Garlinghouse announced Friday that Ripple is dropping its cross-appeal, signaling a decisive end to its fight over XRP’s regulatory status. “We’re closing this chapter once and for all,” he wrote on X, emphasizing the company’s renewed focus on building the so-called Internet of Value. The case began when the SEC accused Ripple of raising $1.3 billion through unregistered securities—namely, XRP sales. In a partial victory last year, Jud…
XRP Case Update: Ex-SEC Lawyer Reveals What's Next to End the Lawsuit Completely
The high-stakes legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is nearing its conclusion, but it’s not over just yet. While recent developments suggest both parties are ready to walk away from further appeals, one key step remains before the case is officially closed. According to former SEC official Marc Fagel, the lawsuit is still technically active, and a final court dismissal has not yet occurred. Rip…
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