XRP News: Ripple CEO Confirms Appeal Drop, Rally Ahead?

XRP News: Ripple Drops Appeal as Legal Battle With SEC Nears End

Ripple has officially dropped its cross appeal in the long-running case with the U.S. Securities and Exchange Commission (SEC). The company is ready to close this chapter and move forward. Organisation's Chief Legal Officer, Stuart Alderoty, confirmed the decision and made one thing clear: XRP is not a security, and that fact hasn’t changed.

Alderoty said the court gave them two options: continue fighting or step away. The firm chose to step away, and the SEC is anticipated to do the same. This could finally bring an end to one of the biggest legal battles in crypto history.

Ripple CEO: “We’re Closing This Chapter”

This is not just legal talk, it’s a signal that the organisation is ready to grow without distractions. It also shows confidence that the worst is now behind them.