Ripple and SEC Request Appeal Pause as Court Decision Could Impact XRP Legal Timeline
The post Ripple and SEC Request Appeal Pause as Court Decision Could Impact XRP Legal Timeline appeared on BitcoinEthereumNews.com.
The SEC and Ripple have jointly requested a pause on their ongoing appeals, awaiting a crucial indicative ruling from Judge Torres on their updated legal filing. This delay could extend Ripple’s dismissal efforts until 2026 if the ruling is not secured, while the SEC suggests a status update by August 2025 to monitor settlement progress. Despite legal uncertainties, XRP experienced a 2.8% price recovery recently, though it remains down 5.1% over the past month amid broader market pressures, according to COINOTAG sources. SEC and Ripple pause appeals pending Judge Torres’ ruling; XRP faces legal hurdles and market volatility with a potential rally on the horizon. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Ripple vs. SEC: Appeals Suspended Pending Judge Torres’ Indicative Ruling On June 16, both Ripple Labs and the US Securities and Exchange Commission (SEC) jointly filed a motion to hold their appeals in abeyance, signaling a strategic pause in the protracted legal battle. This move follows an updated filing addressing procedural concerns raised by District Judge Analisa Torres, who previously denied Ripple’s motion to lift the injunction due to insufficient demonstration of “exceptional circumstances” under Federal Rule of Civil Procedure 60(b). The recent submission now asserts these exceptional circumstances, aiming to persuade the court to reconsider. The motion remains under Judge Torres’ review, with legal experts anticipating a decision imminently. Attorney Fred Rispoli indicated that a…
Filed under: News - @ June 17, 2025 5:27 am