The context: last March, the SEC abandoned its expenses against the company Crypto Ripple. The two parties therefore asked for the freezing of all the current appeal procedures and have been looking for an agreement to finish the dispute well. Justice approves the request of both parties a week ago, Ripple and the American sec were buzzing by asking for the break of their respective calls within the framework of the trial between them. The request was accepted but it is finally far from bringing the long -awaited conclusion. The Court of Appeal officially approved the request of both parties, but the procedure will only be frozen for 60 days. At the end of these two months, the SEC will have to submit a report informing the court of the evolution of the case and the negotiations between Ripple and Elle. #Xrpcommunity #secgov v. #Ripple #xrp the parts’ Joint Motion to Hold the Appeal in Abeyance has been grined. The @secgov is direct to file a status report within 60 days of this order. Pic.twitter.com/mugebajruu— James K. Filan (@filanlaw) April 16, 2025 As a reminder, the two entities had called against each other in recent years. The American regulator had launched the procedure after the justice partially gave the case to Ripple, while the company did the same to challenge the fine which was imposed on it. Therefore, what to expect for the next 60 days? The two parties will be able to continue to negotiate but since everything is suspended, the court will not be able to rule before June, even if an agreement is found before. The case will therefore be extended until this summer and it is undoubtedly because the conclusion is long overdue that the XRP price increased only by 2 % following the news. Source: XRP courses according to CoinmarketCap The Ripple Dry trial risks lasting June presents itself as the new horizon to monitor for the Ripple dry trial but the case could last much longer. Despite the abandonment of the conflict, several stages will remain to be crossed after the end of the frost. Indeed, the decision must still go through an internal approval within the dry, which implies the vote of all the commissioners. Once found, their agreement must also go back by justice. For the time being, we only know that Ripple could finally pay $ 50 million to the regulator to continue its activities. A possibility that is far from pleased everyone … The moral of history: justice in the Ripple dry trial is the slowly shared slowness. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, BEINCRYPTO undertakes to provide impartial and transparent information. This article aims to provide exact and relevant information. However, we invite readers to verify the facts of their own and consult a professional before making a decision on the basis of this content.
