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TronWeekly

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Ripple and SEC File Joint Motion to Pause Appeal

  • Ripple and SEC have filed a joint motion to suspend all appeal activities, indicating a possible agreement in principle and hinting that the case may end without further litigation.
  • The motion aims to put all legal proceedings on hold while final settlement terms are being worked out, pending formal approval from the SEC.
  • If approved, this settlement would resolve the SEC appeal, Ripple cross-appeal, and claims against executives Chris Larsen and Brad Garlinghouse.
  • XRP price fell 4.24% to $1.9649, with analysts predicting a potential $27 rally based on macro events and regulatory direction.

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