The filing occurred exactly one year later when Ripple was ordered to pay $ 125 million as part of the enforcement action on the company using XRP.
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The appeal between the US Securities and Exchange Commission (SEC) and Ripple Labs has ended after the appeal of the civil lawsuit regulator and the filing of the two parties confirmed jointly to dismiss the cross-plan of the blockchain company.
In a filing on Thursday at the US Court of Appeals for the second circuit, the court recognized the Joint dismissal of the SEC appeal and the cross-popular of Ripple in the enforcement of XRP.
“End … and now back to business,” Ripple’s Chief Legal Officer Stuart Aldroti wrote In a Thursday X post.
This is a developing story, and further information will be added as it is available.