SEC and Ripple pause legal battle to finalize settlement, update due by June 9
New SEC Chair Paul Atkins may accelerate a crypto-friendly resolution with Ripple
XRP ETF filings gain momentum as settlement signals clearer regulatory landscape
In a significant development for the long-running legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the U.S. Court of Appeals for the Second Circuit has granted a joint motion Wednesday to pause the appeal in their case.
This decision allows both parties to focus on finalizing a settlement agreement that could bring an end to their multi-year dispute. As part of the court order, the SEC must submit a status report within 60 days, by June 9, to update the court on the progress of the settlement talks.
#XRPCommunity #SECGov v. #Ripple #XRP The parties’ joint motion to hold the appeal in abeyance has been granted. The @SECGov is directed to file a status report within 60 days of this Order. pic.twitter.com/mUgEBaJRuU
— James K. Filan 
(@FilanLaw) April 16, 2025
Why is Pausing the Appeal a Positive Step for Settlement?
Putting the appeal “in abeyance,” as this pause is known…
The post Motion Granted: Second Circuit Court Pauses SEC vs Ripple Appeal for Talks appeared first on Coin Edition.
