Ripple and SEC Pause Appeal Process, Suggesting Strategic Settlement Bid

In a move that has intensified speculation about the future of the Ripple lawsuit against the U.S. Securities and Exchange Commission (SEC), both parties have requested to pause the ongoing appeal proceedings. The request suggests an attempt to reach a settlement agreement that could potentially bring the case to an end soon. The legal filing also confirms that no legal brief will be filed on April 16 as previously planned, leading to further speculation regarding what might unfold behind closed SEC doors.

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