<ul><li>The US Securities and Exchange Commission (SEC) will drop its appeal against Ripple in the XRP lawsuit.</li><li>The next move in the lawsuit depends on Ripple's decision to either continue or withdraw its own appeal.</li><li>If Ripple continues its appeal, an appellate court will rule on whether "investment contracts" require formal contracts.</li><li>Ripple has considerable leverage after the SEC dropped its appeal, but the ultimate outcome of the lawsuit remains uncertain.</li></ul>

XRP Lawsuit Update: Lawyers Outline What’s Next

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