Ripple and SEC officially end appeals in the XRP case

The long legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC) is officially over.

On August 7, both parties filed a Joint Stipulation of Withdrawal with the U.S. Court of Appeals for the Second Circuit, confirming the withdrawal of their respective appeals.

The SEC rejects the appeals against Ripple

According to court documents, the SEC has withdrawn its appeal (Case No. 24-2648), and Ripple has withdrawn its cross-appeal (Case No. 24-2705).

The joint presentation states that both parties "agree to the withdrawal" of the cases, with each side bearing its own costs and legal fees.

#XRPCommunity #SECGov vs #Ripple #XRP BREAKING: The parties have filed a Joint Notice of Withdrawal of Appeals. The case is over. pic.twitter.com/QMATRLnxnS

— James K. Filan

(@FilanLaw) August 7, 2025

The presentation ends one of the most significant regulatory actions in crypto history.

This also marks the final stage in the consequences of Judge Analisa Torres's decision in 2023. The ruling concluded that Ripple's institutional sales of XRP violated securities laws, while programmatic sales and secondary market transactions did not.

Context on the appeal process

Ripple and the SEC had appealed certain parts of this ruling. The SEC sought to challenge parts of the judgment that were unfavorable to it, while Ripple contested the injunction and the $125 million civil penalty imposed by the institutional sales.

Earlier this year, both parties attempted to resolve the dispute through a negotiated agreement that would reduce Ripple's penalties and lift the injunction.

Judge Torres rejected this request in June, forcing both parties to return to the formal appeals process.

Today's presentation ends this effort and confirms that no changes will be made to the original appeals. The $125 million fine, currently held in trust, will now be transferred to the U.S. Treasury.

XRP market reaction

After the presentation, XRP rose by 5% in the last hour, as traders reacted to the official end of the years-long legal battle. The altcoin reached an all-time high at the end of July but faced significant corrections afterwards.

XRP Price Chart. Source: BeInCrypto

So, what does this mean for Ripple and XRP in the future? Ripple remains prohibited from conducting unregistered institutional sales of XRP.

Meanwhile, the SEC will no longer take any action regarding this case. The precedent established by Judge Torres's ruling remains a partial victory for both parties.

With the appeals dropped and the case closed, Ripple can now move forward under a clearer regulatory framework, although it remains subject to the restrictions imposed by the court.

The article Ripple and SEC end appeals in the XRP case was first seen on BeInCrypto Brazil.