The SEC and Ripple terminate the appeal process, the ruling that XRP is not a security is final.

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【SEC and Ripple Terminate Appeal Process, XRP Non-Security Ruling Becomes Final】The U.S. Securities and Exchange Commission (SEC) and Ripple have reached an agreement to jointly withdraw their appeal in the Second Circuit Court, marking the official conclusion of one of the most closely watched legal disputes in the encryption industry. According to the withdrawal documents, both parties will bear their own legal costs. The ruling made by Judge Analisa Torres in 2023 will become the final judgment: trading of XRP in the Secondary Market does not constitute a security transaction, but large sales to institutional investors are considered illegal securities issuance. Following the announcement, the price of XRP rose over 7%, from $3.04 to $3.27. Ripple CEO Brad Garlinghouse stated that the company will focus on building the "Value Internet" and turning the page completely.

XRP9.95%
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