SEC and Ripple End Years-Long XRP Legal Battle
Main Idea
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Key Points
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Description
The prolonged legal dispute between the U.S. SEC and Ripple Labs has finally drawn to a close after both parties jointly moved to dismiss their respective appeals. The Second Circuit Appeals Court, in a brief filing on Thursday, acknowledged the dismissal and confirmed that each side would bear its own legal costs and fees. Ripple’s chief legal officer, Stuart Alderoty, confirmed the news on X, stating , “Following the Commission’s vote today, the SEC and Ripple formally filed directly with the ...
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