The legal dispute between Ripple and the US Securities and
Exchange Commission (SEC) has taken another turn. The US Court of Appeals has
agreed to pause the case for 60 days following a joint request from both
parties.
This development has sparked speculation about possible
behind-the-scenes discussions that could lead to a shift in legal strategy.
Crypto lawyers suggest the pause may
signal significant developments, possibly involving a settlement or a legal
ruling that could change Ripple’s ability to operate.
Meanwhile, XRP is trading within a mildly bearish
equidistant channel. The price action reflects uncertainty among traders, with
no clear directional bias emerging.
The joint request likely indicates that Ripple
and the SEC are working together on a resolution. One option could be a
settlement, while another could involve an “indicative ruling” from Judge
Analisa Torres.
The appeal in the SEC vs. Ripple case is now officially paused (held in abeyance), which directly affects the ongoing legal uncertainty surrounding $XRP.
• Both sides, the SEC and Ripple, jointly requested to pause the appeal.
• The court approved this joint motion.
• The… pic.twitter.com/M97FuVmW4Q
— ꪑỉᨶꫝꪖꫀꪶ ꪖꪹꪶỉ᭢ (@mrcauliman) April 16, 2025
Ripple is currently restricted from selling its tokens in
private markets due to earlier legal violations. The company hopes the judge
will allow these private sales under certain conditions. If this restriction
remains, Ripple may not be able to go public, even as other crypto firms
proceed with IPOs. This could delay Ripple’s plans by several years.
XRPUSD, H1 Chart, Source: TradingView
You may want to read it at FinanceMagnates.com: Breaking: Ripple
Acquires Hidden Road for $1.25 Billion, Becomes First Crypto Company with
Multi-Asset Prime Broker.
No Deal Could Extend Ripple Dispute
There are two possible outcomes. In the first, Ripple
and the SEC reach a settlement, but the SEC does not support changing the
current rules. In this case, Ripple would still need the court’s approval for a
rule change, which could take another three to six months with no guarantee of
success.
In the second outcome, the SEC agrees to both a settlement
and the proposed rule change. The case would then return to Judge Torres, who
would decide how to proceed. Even in this scenario, the timeline would depend
on how quickly the court acts.
As Coinpedia reported, if a full agreement is reached, the
legal appeal could be dismissed as early as next month. However, if Ripple
needs to file separately for the rule change, the process could extend further.
If no agreement is reached at all, the case might return to the appeals court,
potentially prolonging the dispute until 2026 or 2027. The SEC is expected to
make its next move by June 15. Until then, the case remains paused.
The legal dispute between Ripple and the US Securities and
Exchange Commission (SEC) has taken another turn. The US Court of Appeals has
agreed to pause the case for 60 days following a joint request from both
parties.
This development has sparked speculation about possible
behind-the-scenes discussions that could lead to a shift in legal strategy.
Crypto lawyers suggest the pause may
signal significant developments, possibly involving a settlement or a legal
ruling that could change Ripple’s ability to operate.
Meanwhile, XRP is trading within a mildly bearish
equidistant channel. The price action reflects uncertainty among traders, with
no clear directional bias emerging.
The joint request likely indicates that Ripple
and the SEC are working together on a resolution. One option could be a
settlement, while another could involve an “indicative ruling” from Judge
Analisa Torres.
The appeal in the SEC vs. Ripple case is now officially paused (held in abeyance), which directly affects the ongoing legal uncertainty surrounding $XRP.
• Both sides, the SEC and Ripple, jointly requested to pause the appeal.
• The court approved this joint motion.
• The… pic.twitter.com/M97FuVmW4Q
— ꪑỉᨶꫝꪖꫀꪶ ꪖꪹꪶỉ᭢ (@mrcauliman) April 16, 2025
Ripple is currently restricted from selling its tokens in
private markets due to earlier legal violations. The company hopes the judge
will allow these private sales under certain conditions. If this restriction
remains, Ripple may not be able to go public, even as other crypto firms
proceed with IPOs. This could delay Ripple’s plans by several years.
XRPUSD, H1 Chart, Source: TradingView
You may want to read it at FinanceMagnates.com: Breaking: Ripple
Acquires Hidden Road for $1.25 Billion, Becomes First Crypto Company with
Multi-Asset Prime Broker.
No Deal Could Extend Ripple Dispute
There are two possible outcomes. In the first, Ripple
and the SEC reach a settlement, but the SEC does not support changing the
current rules. In this case, Ripple would still need the court’s approval for a
rule change, which could take another three to six months with no guarantee of
success.
In the second outcome, the SEC agrees to both a settlement
and the proposed rule change. The case would then return to Judge Torres, who
would decide how to proceed. Even in this scenario, the timeline would depend
on how quickly the court acts.
As Coinpedia reported, if a full agreement is reached, the
legal appeal could be dismissed as early as next month. However, if Ripple
needs to file separately for the rule change, the process could extend further.
If no agreement is reached at all, the case might return to the appeals court,
potentially prolonging the dispute until 2026 or 2027. The SEC is expected to
make its next move by June 15. Until then, the case remains paused.
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