Ripple and the SEC move to end litigation after five years back and forth

Description

The U.S. Securities and Exchange Commission (SEC) and Ripple Labs have finally concluded their longtime legal dispute with both parties filing a Joint Stipulation of Dismissal with the U.S. Court of Appeals for the Second Circuit, effectively ending all appeals in the case (Case No. 24-2648(L) and 24-2705(XAP)). The dismissal marks the resolution of a lawsuit which was initiated in December 2020 when the SEC accused Ripple that its sales of XRP tokens constituted an unregistered securities offer...