The post Ripple vs. SEC: Parties Want Continued Pause of Appeals appeared on BitcoinEthereumNews.com.

Key Notes Ripple and the SEC have written a joint status report asking for an appeals abeyance status. This comes after the parties asked District Judge Analisa Torres to amend the final ruling. Both parties have agreed to move the court to dismiss the appeals if Judge Torres agrees to modify the final judgment. Ripple Labs and the United States Securities and Exchange Commission (SEC) have decided to hold off on appeals for now. To this end, they have written a joint status report to the United States Court of Appeals for the Second Circuit. Both parties recently requested that District Judge Analisa Torres amend the final ruling. This decision may bring Ripple the much-anticipated victory or mar its chance of getting a quick settlement. What’s Next in the Ripple vs. SEC Lawsuit? Two months ago, Ripple and the SEC filed a motion to hold the lawsuit appeals in abeyance after they reached a settlement. Translation: The @SECGov and @Ripple have filed a status report with the Second Circuit and are asking it to keep a pause on the appeals while waiting on a decision from the district court. https://t.co/YEeEjlt5yX — Eleanor Terrett (@EleanorTerrett) June 17, 2025 The regulatory Commission decided to slash Ripple’s monetary penalty to $50 million and requested that the court lift the injunction that Judge Torres imposed in August. Notably, this injunction prevented Ripple from selling XRP to US-based institutional participants. In October 2024, the SEC’s notice of appeal against Ripple was filed under the leadership of Gary Gensler, the Commission’s former Chair. The “Civil Appeal Pre-Argument Statement”, also known as Form C, was sent to the US District Court for the Southern District of New York. According to its filing, the SEC requested that the court reassess how the law was applied in the initial…

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Filed under: News - @ June 17, 2025 12:29 pm