On April 16, 2025, the U.S. Court of Appeals for the Second Circuit agreed to pause the ongoing legal fight between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). This means the case is now officially on hold for the next 60 days. The SEC has been asked to file a status update by mid-June, explaining where things stand.
Judge José A. Cabranes signed the order after both Ripple and the SEC asked the court to put the appeal on pause. The reason for the pause wasn’t explained in detail, but it’s a common move when both sides are either negotiating or trying to settle the case outside of court.
The news was shared by attorney James K. Filan on X. He posted the court document and confirmed that the joint motion had been approved. Another X user, Coach Miranda Miner, added that this likely means the case is frozen for now, and that settlement talks could be happening behind the scenes.
#XRPCommunity #SECGov v. #Ripple #XRP The parties’ joint motion to hold the appeal in abeyance has been granted. The @SECGov is directed to file a status report within 60 days of this Order. pic.twitter.com/mUgEBaJRuU
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) April 16, 2025
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Ripple vs SEC Could Be Nearing a Final Deal
This pause comes just a few weeks after Ripple and the SEC reached a partial settlement on March 25, 2025. As part of that deal, Ripple agreed to pay $50 million instead of the original $125 million penalty. Ripple is also getting $75 million released from an SEC-held escrow fund. Both sides agreed to drop some of their appeals, which many saw as a step toward fully ending the case.
Now, with this 60-day pause, speculation is growing that the two sides may be close to finalizing everything. While nothing is confirmed yet, this type of pause often happens when a full settlement is on the table. If that’s true, we could be seeing the final stretch of this long legal battle.
Ripple’s CEO, Brad Garlinghouse, has stayed positive about the outcome. The XRP community is hopeful too, although the price of XRP has been moving cautiously. At the time of writing, it’s trading around $2.09 with relatively low volume for the past few days.
Read Also: XRP Price Prediction for Today (April 17)
What This Means for XRP and Crypto Regulation
The pause also reflects a shift in the regulatory approach under the SEC’s current acting chair, Mark T. Uyeda, who is seen as more supportive of crypto than her predecessor.
For now, this 60-day freeze gives both sides time to work things out. If a final settlement is reached, it could clear up years of legal uncertainty around XRP and open the door for wider adoption. We’ll know more by mid-June, when the SEC is due to give its update to the court. Until then, the Ripple vs SEC battle is officially on pause.
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