Ripple has officially withdrawn its cross-appeal with the SEC in the XRP lawsuit, marking a decisive end to one of crypto’s longest-running legal disputes.

CEO Brad Garlinghouse announced the move on June 27, stating the company will not challenge the court’s 2023 finding that XRP sales to institutional investors constituted securities transactions.

Is the XRP Lawsuit Finally Over?

The Ripple v SEC case has been a huge event for crypto regulation, but the spectacle didn’t end after the case was dropped.

Both parties have spent the last few months trying to resolve one lingering issue: a cross-appeal regarding non-institutional securities sales.

Today, Ripple CEO Brad Garlinghouse announced that the company is finally giving up.