Court Pauses SEC vs. Ripple Appeals Case — XRP Legal Fight Hits New Phase
A U.S. appellate court has paused the ongoing appeals in the long-running SEC v. Ripple lawsuit after both parties filed a joint request.
The Second Circuit Court of Appeals granted a 60-day pause (i.e., the case is held in abeyance) while the SEC and Ripple work on next steps.
Both Ripple Labs and the U.S. Securities and Exchange Commission (SEC) filed a joint motion to pause appeals — signaling cooperation towards a potential settlement or resolution.
Why This Matters– A potential settlement path, pending internal SEC approval.– Regulatory recalibration under new SEC leadership.– Reduced legal uncertainty for Ripple and the XRP community.
🧾 Summary Highlights⚖️ Appeals paused for 60 days🤝 Joint request by SEC and Ripple📆 Upcoming status report due💰 Ripple’s $125M penalty still in effect📈 XRP market closely watching next steps