Ripple has officially withdrawn its cross-appeal against the SEC, marking a major shift in the long-standing legal dispute between the crypto firm and the U.S. regulator. This case has shaped much of the regulatory conversation around digital assets since 2020.
Ripple’s Shift in Legal Strategy
The company had previously filed a cross-appeal to challenge parts of a court decision. Now, by withdrawing it, Ripple seems to be focusing on a faster resolution. This move surprised many analysts who expected Ripple to keep pushing back hard in court.
This change may signal that Ripple wants to close this chapter quickly and move on to new business goals. The decision could also help limit uncertainty around XRP’s market performance.
Background on the Ripple vs SEC Case
The SEC accused Ripple of selling XRP as an unregistered security. Ripple denied the claim, arguing that XRP is not a security. The lawsuit sparked wide debate in the crypto world and put Ripple under a legal spotlight.
By pulling the cross-appeal against the SEC, Ripple might be opening the door to a final settlement. It also gives the impression that the company wants to rebuild trust with regulators, rather than continuing the fight in court.
What This Means for Ripple and XRP
Many believe this move is a positive step. It may help Ripple avoid further delays and protect XRP from more price pressure. A faster resolution will likely restore investor confidence and allow Ripple to shift focus toward innovation and global expansion.
Although the court case isn’t fully over, the decision to withdraw the cross-appeal sends a strong message. Ripple appears ready to move forward, leaving the courtroom behind and heading back to business.
