Ripple and SEC Drop Appeals, Cementing Partial Win for Crypto

The SEC and Ripple have officially ended their legal battle by withdrawing appeals, leaving in place a landmark ruling that XRP is not inherently a security.

The resolution reinforces Judge Torres’ 2023 decision, which distinguished between public exchange sales (non-securities) and institutional sales (securities). Ripple’s legal team celebrated the outcome, suggesting it provides regulatory clarity for the crypto sector.

The case, which began in 2020, was closely watched as a test of how U.S. securities laws apply to digital assets.