Main to remember
- The dry and undulation officially resolved their legal dispute, ending all calls and paving the way for final measures.
- The regulation confirms the penalty of $ 125 million in Ripple and confirms the clarification of the court according to which XRP is not a guarantee for the secondary market.
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The long -standing legal battle between Ripple Labs and the Securities and Exchange Commission began its last stage after the American Court of Appeal for the second circuit approved a joint stipulation rejecting the parties of the parties on Friday, as confirmed on Friday the defense lawyer James Filan.
#Xrpcommunity #Secgov v. #Ripple #Xrp The second circuit approved the joint stipulation of the dismissal. pic.twitter.com/v796datfiz
– James K. Filan 🇺🇸🇮🇪 (@filanlaw) August 22, 2025
The order puts an end to the appeal procedure, which had been interrupted earlier this year while Ripple and the SEC worked on regulation conditions. The appeal of the SEC now rejected, the case enters the final application procedure at the level of the district court.
As indicated above by the SEC, the decision of judge Analisa Torres, the decision of August 2024, will remain in force once the dismissal. Under the agreement, Ripple will pay a civil sanction of $ 125 million to resolve the costs linked to its XRP institutional sales.
The CEO of Ripple, Brad Garlinghouse, previously praised the final judgment as a victory for Ripple and the cryptography sector. The court has concluded that XRP does not qualify as a guarantee in secondary market transactions, while certain institutional sales are still the securities regulations.
The Sec, directed at the time by Gary Gensler, called on the verdict to challenge the XRP classification, which prompted Ripple to appeal to the call.
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