Looks like Ripple and the SEC are hitting the brakes on their legal fight, at least for now. Both sides have agreed to pause their appeals because they’re waiting on another court decision that could totally shake up how their case unfolds.
Ripple and the SEC have been in this long, drawn-out battle over whether XRP should be treated as a security. They’re at the point where both sides want to appeal different parts of the judge’s previous ruling.
But here’s the twist: instead of going ahead with those appeals, they’ve told the court, “Hold up, let’s wait.”
Why? Because there’s another case (this one involving Binance) that could end up redefining what counts as a security in the U.S., and that decision might directly affect Ripple’s case too.
In other words, Ripple and the SEC are both saying, “Let’s not waste time arguing now if the rules are about to change.”
Ripple vs. SEC: Appeals on Hold ⏳
— BeInCrypto (@beincrypto) June 17, 2025
Ripple & the SEC want to pause their appeals waiting on a crucial court ruling that could reshape the case. If denied, Ripple might not get another shot until 2026. @KayyGilani reports
🔗: https://t.co/AQRFfFN1HU pic.twitter.com/rvi7ZQQ41P
However, if the judge rejects their request to pause, then Ripple might have to go forward with the appeal now, without knowing how that Binance case will turn out.
And here’s the real kicker: if they go ahead now and the case doesn’t swing their way, they might not be able to try again until 2026. That’s a long wait.
So this isn’t just a delay for the sake of it. It’s a smart legal strategy, a chance to wait for a potential shift in how crypto laws are interpreted.
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However, the next big date in this story is August 15, 2025. That’s when the SEC is supposed to file a status update with the court. Basically, they’ll report back on where things stand and whether it makes sense to keep waiting or move ahead.
Until then, both Ripple and the SEC are pressing pause and hoping that the other court delivers a ruling that helps shape their own case.
#XRPCommunity #SECGov v. #Ripple #XRP In light of the pending motion for an indicative ruling, the parties have requested that the Second Circuit continue to hold the appeals in abeyance, with the @SECGov to file a status report by August 15, 2025.https://t.co/7oQvL5Rx7U
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) June 17, 2025
Honestly, it’s kind of rare for Ripple and the SEC to agree on anything. But this time, they’re both on the same page. They know this other ruling could impact not just XRP, but the entire crypto industry.
By waiting it out, they’re keeping their options open instead of risking everything on an appeal that could be outdated in a few months.
Moreover, if the judge approves the pause, Ripple and the SEC will sit tight and watch how that other ruling plays out. But if the judge denies it, Ripple could be stuck, and might not get another shot at appeal until 2026.
For now, all eyes are on August 15. That’s the date that could give us the next big clue about where this case is headed, and what it means for XRP and the rest of the crypto world.
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