17-6-2025 – In the long-running legal saga between Ripple and the U.S. Securities and Exchange Commission (SEC), both parties have united in a rare display of accord, presenting a joint status report to the Second Circuit Court of Appeals. Their shared request seeks to pause the ongoing appeal proceedings, a move driven by the district court’s continued deliberations over motions for an indicative ruling.
With a professional yet cooperative tone, the SEC and Ripple have agreed that the next update on the matter will be provided by the SEC no later than 15 August 2025. This latest chapter underscores the complexities of the case, as both sides navigate the judicial process with measured patience, keeping the financial and legal worlds keenly observant of what lies ahead.