The post BREAKING: Court Grants Ripple Relief with SEC Lawsuit Appeal Pause appeared on BitcoinEthereumNews.com.

In a stunning turn of events in the long-standing legal saga between Ripple and the U.S. Securities and Exchange Commission (SEC), a U.S. court has just given a significant nod towards potential respite for Ripple. Are you following the rollercoaster of the Ripple SEC lawsuit pause? Buckle up, because things just took another interesting twist! Let’s dive into the latest development that has the crypto world buzzing. Court Approves Joint Motion: What Does a Ripple SEC Lawsuit Pause Mean? For those closely monitoring the Ripple SEC lawsuit, the news is significant: a U.S. court has officially approved the joint request from both Ripple and the SEC to put a hold on the appeal process. This information, confirmed by former federal prosecutor James K. Filan via a post on X (formerly Twitter), marks a temporary ceasefire in their ongoing legal battle. But what exactly does this Ripple SEC lawsuit pause entail? Joint Request Approved: Both parties, SEC and Ripple, jointly requested the court to put the appeal in abeyance, and the court has granted this request. This indicates a level of agreement, at least on procedural matters, between the two sides. Appeal Held in Abeyance: ‘Abeyance’ means temporary suspension. The appeal is not dismissed, but it’s put on hold. Think of it as pressing the pause button on a movie. Status Report in 60 Days: The SEC is mandated to submit a status report to the court within 60 days. This means we can expect further updates and insights into the situation in approximately two months. Why is SEC Ripple Appeal Abeyance Happening Now? The question on everyone’s mind is, why now? Why are the SEC and Ripple agreeing to a pause in their appeal process? While the exact motivations aren’t explicitly stated, we can infer a few possibilities regarding this…

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Filed under: News - @ April 17, 2025 1:28 am