The post Pro-XRP Lawyer Explains What’s Next in the Case appeared on BitcoinEthereumNews.com.

In the most recent development, Ripple has filed a supplemental letter in support of its motion for an indicative ruling, reigniting attention in the long-running legal battle with the U.S. Securities and Exchange Commission (SEC). The move marks a renewed effort to push forward the settlement process, which has now progressed through several key procedural steps. Bill Morgan, an XRP enthusiast and legal expert, hails Ripple’s new filing as a “good move.” SEC v Ripple: How the settlement process is going 1. Settlement agreement signed by Ripple parties on April 23, 2025 and by the SEC on May 8, 2025 ✅. 2. Parties filed a motion to hold the appeal and cross appeal in abeyance and obtained 60 days abeyance from April 16, 2025 to… — bill morgan (@Belisarius2020) June 18, 2025 This follows the recent move by the SEC to extend the period in which the appeal/cross-appeal is held in abeyance for a further 60 days. You Might Also Like Just yesterday, it was made known that both Ripple and the SEC requested that the Second Circuit continue to hold the appeals in abeyance, with the SEC expected to file a status report by Aug. 15, 2025. Last week, on June 12, the parties renewed their request for an indicative ruling in a second joint motion after an initial motion was denied by Judge Torres in May. While the SEC’s status report is due by mid-August, Morgan believes that the decision of Judge Torres on the joint motion for an indicative ruling could be issued soon. What comes next? In a recent tweet, Morgan outlined how the settlement process was progressing and what might come next. You Might Also Like Once an indicative ruling is obtained, both parties will file a motion next to the Court of Appeals for…

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Filed under: News - @ June 18, 2025 3:29 pm