Ripple Sues SEC: The Official Case Concludes, Appeal Dismissed, XRP Heads Towards Breakthrough

XRP breaks legal shackles as the SEC lawsuit finally comes to a close, opening up comprehensive expansion opportunities for Ripple, clarifying regulations for cryptocurrencies, and creating a momentum wave for the market. The lawsuit of Ripple against the SEC has ended, leaving XRP with 5 years of instability. The lengthy legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) has officially concluded, with both parties submitting a joint agreement to dismiss the appeal in the long-running XRP lawsuit. On August 7, 2025, the U.S. Court of Appeals for the Second Circuit received the joint motion, terminating the SEC's appeal (No. 24-2648) and Ripple's cross-appeal (No. 24-2705). The legal conflict began in 2020 and is a landmark case regarding the treatment of digital assets under U.S. securities law. The response from the legal community was very quick. Lawyer James K. Filan posted on the social media platform X: The parties have filed a motion to dismiss the joint appeal. The lawsuit has concluded. Lawyer Bill Morgan expressed his excitement, calling this the "best news" in five years. "The SEC lawsuit against Ripple has finally CONCLUDED. Boom. The appeal was dismissed," he emphasized. The filing under Federal Rule of Appellate Procedure 42(b)(1) states that "each party will bear its own costs of appeal." The filing notes that the denial applies to "the above appeals," including the SEC's main appeal and Ripple's corresponding cross-appeal. The submission also confirms that the parties "have agreed to dismiss and have executed this agreement", signaling a joint decision to avoid further legal actions. This move ends the possibility of a review by the appellate court, upholding the ruling of the lower court but without any binding precedent from the Second Circuit Court of Appeals. Ripple's legal director, Stuart Alderoty, detailed: After today's vote by the Committee, the SEC and Ripple have officially filed a direct application to the Second Circuit Court of Appeals to dismiss their appeal. Time's up... and now back to work. XRP price immediately surged after this news. At the time of writing, XRP is trading at $3.29.