#btc# A tweet from December 2020 to June 27, 2025, marks the end of the $30 billion market capitalization lawsuit between Ripple and the SEC. Ripple has decided to withdraw its cross-appeal, and the SEC will no longer contest, thus clarifying the legal status of XRP in the United States.

The U.S. Securities and Exchange Commission (SEC) has reached an agreement with Ripple to jointly withdraw their appeal in the Second Circuit Court, marking the official end of one of the most closely watched legal disputes in the cryptocurrency industry. According to the dismissal document, both parties will bear their own litigation costs. The ruling made by Judge Analisa Torres in 2023 will become the final judgment: the trading of XRP on the secondary market does not constitute a securities transaction, but large sales to institutional investors are considered illegal securities offerings. Following the announcement, the price of XRP surged over 7%, rising from $3.04 to $3.27.
Ripple CEO Brad Garlinghouse stated that the company will completely end this legal dispute and focus on more important matters - building the "value internet".