The anticipated moment has officially arrived, and the landmark case surrounding cryptocurrencies featuring Ripple 
$2 has come to a close. Speculation about this development had been rampant leading up to April, and the official announcement of the cancellation has now been made. Ripple’s Chief Legal Officer has outlined the terms of this resolution.
The End of the Ripple Case
As of November 5, XRP ($1.88) Coin had already reflected this news in its pricing, soaring over three dollars, hitting its peak early. Today, we witnessed the announcement of this long-awaited conclusion. The ongoing battle between SEC and Ripple, which lasted over four years, has officially ended. The company’s Legal Director, Stuart Alderoty, shared the following statement:
“This should be my final update on SEC v Ripple… Last week, SEC agreed to unconditionally withdraw its appeal. @Ripple has now also agreed to forgo its cross-appeal. SEC will retain $50 milli...
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