SEC and Ripple Move Closer to Final Settlement with Joint Appeal Withdrawal

Ripple and the SEC agreed to dismiss appeals, awaiting court approval to end their long-running legal dispute.

Fridah Kangai
August 17, 2025
3:30 pm

Fridah Kangai

Fridah Kangai is a dedicated crypto journalist with a sharp eye for market trends, blockchain innovation, and digital asset movements. She specializes in breaking down complex topics into clear, engaging stories for both seasoned investors and curious newcomers. With a passion for decentralization and a pulse on the ever-evolving crypto space, Fridah delivers timely, accurate, and insightful coverage. Her work bridges the gap between technology and everyday understanding in the world of cryptocurrency.

Ripple and SEC agree to dismiss appeals after lengthy battle.
Court approval pending as Ripple accepts $125M penalty ruling.
Joint dismissal signals closure in Ripple’s high-profile SEC case.

Ripple Labs and the Securities and Exchange Commission are nearing the end of their lengthy legal battle. Both parties have filed to withdraw their appeals in the Court of Appeals for the Second Circuit.

James K. Filan, defense attorney, said the joint stipulation is a mutual conclusion to terminate the appeals. Both sides agreed to cover their legal expenses, which was an unusual area of congruence in the case.

#XRPCommunity #SECGov v. #Ripple #XRP The @SECgov has filed a status report with the Court of Appeals noting that the parties have filed a Joint Stipulation of Dismissal of the appeals and that the stipulation remains pending and therefore awaiting approval by the Court. pic.twitter.com/X74wFRhswq
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) August 15, 2025

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Court Approval Still Required

The settlement has yet to be approved at a formal level by the Court of Appeals. Legal experts characterize this step as administrative and expect it to be approved soon.

Sherrie, a community member, stated that the delays are due to procedural timing and seasonal slowdowns. She emphasised that Judge Analisa Torres does not participate in this phase.

If the Court of Appeals had approved the stipulation this afternoon then the SEC would not have had to file the status report. Approving the stipulation is just a formality and the stipulation is approved by the Court of Appeals, not Judge Torres.
— Sherrie 🌸 (@CherryEmpress21) August 15, 2025

Ripple and the SEC sought dismissal of cases involving CEO Bradley Garlinghouse and co-founder Christian Larsen on August 7. The move was after the district court decision that imposed a penalty of $125,035,150 and an injunction against Ripple’s future operations.

By withdrawing the appeals, the two parties have agreed that the judgment is final. Observers confirm that the action leaves past rulings unchanged and does not influence future enforcement.

What Lies Ahead for Ripple and SEC

The chief legal officer of Ripple, Stuart Alderoty, stated that the terminations will end the lengthy controversy. His comments highlighted the importance of the closure following years of legal pressure.

Following the Commission's vote today, the SEC and Ripple formally filed directly with the Second Circuit to dismiss their appeals.

The end…and now back to business. https://t.co/nVqthNcFOt
— Stuart Alderoty (@s_alderoty) August 7, 2025

As soon as the Court of Appeals accepts the stipulation, the case will be considered closed. Ripple and SEC will not have to worry about pending appeals that may weigh them down.

Market watchers suggest this shift provides relief for Ripple, allowing the company to focus on operations without unresolved litigation.

The rejection of the appeals is the final stage of the SEC and Ripple case. The court still awaits approval, but this is likely to come in soon.

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