$XRP
Ripple and the United States Securities and Exchange Commission have jointly filed a motion to suspend their ongoing appeal proceedings. This development signals a major shift in the long-running legal dispute centered on XRP, as both parties have agreed in principle to settle the case.
According to Crypto_Barbie, who shared the court documents on Twitter with credit to legal source @FilanLaw, the joint motion was filed on April 10, 2025. The joint motion demonstrates that $XRP Ripple and the SEC continue to develop a settlement despite requiring formal approval from the SEC Commission.
The requesting parties want the court system to delay both the appeal process and cross-appeal. The motion details the Commission’s approval assessment plan before seeking district court authorization if needed. No further briefs will be filed at this stage, including the one initially due on April 16, 2025.