Ripple Lawsuit Officially Ends: SEC & Ripple Reach Agreement to Halt Proceedings

After a four-year legal struggle, Ripple Labs has reached an agreement with the Securities and Exchange Commission (SEC). The parties have chosen to suspend their case, ending the long-running litigation. This settlement marks a significant shift for both organizations as Ripple secures Hidden Road in a strategic move towards expanding its presence within mainstream finance. The motion from Ripple Labs and the SEC, which halted proceedings on their contentious lawsuit, will pave the way for this new direction.