币界网报道：Ripple Labs and the U.S. Securities and Exchange Commission (SEC) have jointly requested the dismissal of the SEC's appeal in their ongoing legal battle over whether XRP constitutes a security. The move follows Judge Analisa Torres' July ruling that XRP sales on public exchanges did not violate securities laws, though institutional sales were deemed unregistered securities offerings. Both parties filed motions in the Southern District of New York to drop the SEC's appeal, signaling a potential shift in the case's trajectory. Ripple CEO Brad Garlinghouse called the development a "surrender" by the SEC, while Chief Legal Officer Stuart Alderoty emphasized the significance of Judge Torres' original decision. The dismissal request comes as the SEC faces mounting criticism over its aggressive crypto enforcement approach, with recent court losses against Grayscale and a setback in the Terraform Labs case. Legal experts suggest the SEC may now focus its resources on other high-profile crypto cases rather than pursuing further appeals in the Ripple matter. The case continues to be closely watched as a bellwether for how U.S. regulators will treat digital assets moving forward.