After nearly five years of courtroom battles and market uncertainty, Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have officially brought their long-standing legal dispute to an end. Both sides have filed a joint motion to dismiss appeals, closing one of the most closely watched cases in cryptocurrency history.
Quick Summary (TLDR)
- Ripple and the SEC have jointly agreed to dismiss all pending appeals, officially ending their five-year lawsuit.
- The decision provides regulatory clarity for XRP and boosts investor confidence.
- Ripple has secured $500 million in new funding at a $40 billion valuation to fuel its next growth phase.
- The company has launched new partnerships with Mastercard, Gemini, and WebBank, using its RLUSD stablecoin on the XRP Ledger.
What Happened?
According to a joint stipulation of dismissal filed with the U.S. Court of Appeals for the Second Circuit, both Ripple Labs and the SEC have decided to drop their respective appeals. Each party will bear its own legal costs, officially marking the end of the case that began in 2020, when the SEC alleged Ripple’s sale of XRP constituted an unregistered securities offering. The filing ends all remaining appellate actions, concluding a legal saga that has shaped discussions around digital asset classification and crypto regulation worldwide.
Case Formally Closed After Years of Uncertainty
The joint dismissal motion, signed by attorneys representing Ripple and the SEC, marks the official closure of a dispute that defined how regulators approach crypto enforcement in the United States. Ripple’s CEO, Brad Garlinghouse, and Executive Chairman, Chris Larsen, were named in the original lawsuit, which significantly impacted the company’s reputation and XRP’s market performance. Over the years, Ripple consistently maintained that it operated transparently and within legal boundaries. For the SEC, the move likely represents a strategic decision to redirect attention to other ongoing crypto cases. For Ripple, it is a long-awaited victory and a chance to rebuild without the burden of litigation.
BOOOOOOOOOOOOOOOOOOM!!!
— JackTheRippler ©️ (@RippleXrpie) August 7, 2025
The parties have jointly filed a motion to dismiss the appeals!
The SEC v. @Ripple case is finally over!
Congratulations #XRP holders! We made it! 🎉🥳🎊 pic.twitter.com/gEXM8656li
Ripple’s Expansion and Strategic Partnerships
Just as the case concluded, Ripple announced a $500 million funding round at a $40 billion valuation. The round was backed by major investors, including Fortress Investment Group, Citadel Securities, Pantera Capital, and Galaxy Digital. Ripple has also unveiled a new partnership network with Mastercard, Gemini, and WebBank, piloting a credit card settlement system powered by its RLUSD stablecoin on the XRP Ledger (XRPL). The initiative aims to improve transaction speed and cost efficiency across global payment systems. Following the announcement, network activity on the XRP Ledger surged, with over 21,000 new wallets created in just 48 hours, showing renewed community and investor interest.
A New Era for XRP and Crypto Regulation
The resolution of the Ripple SEC case delivers much-needed clarity to the crypto industry, reinforcing that XRP is not a security under U.S. law. The conclusion removes one of the biggest legal uncertainties facing the market and restores confidence among XRP holders and institutional partners. This victory also strengthens Ripple’s global credibility at a time when financial institutions are increasingly integrating blockchain technology into their systems. With the legal cloud lifted, Ripple can now focus entirely on innovation, cross-border payments, and expanding the reach of the XRP Ledger ecosystem.
XRP’s growing role in global payments could position it as the next major liquidity asset. https://t.co/QXqU03vHJj
— BD (@DiepSanh) November 8, 2025
Daily Research News Takeaway
Honestly, I see this as one of the most defining moments for the crypto industry in recent years. Ripple’s win is not just about one company clearing its name. It’s about regulatory clarity finally catching up with technological progress. After years of legal noise, the crypto world can now focus on building real-world utility instead of fighting in courtrooms. For XRP holders, this feels like long-overdue relief. I believe Ripple’s renewed focus on global finance and enterprise adoption could turn XRP into one of the most strategically positioned digital assets moving forward.
