A recent court decision has paused the appeal process for Ripple’s lawsuit against the U.S. Securities and Exchange Commission (SEC). The Second Circuit Court of Appeals granted a joint motion by both parties to delay proceedings, requiring the SEC to file a status report within 60 days. This marks a significant procedural pause as the case’s resolution remains uncertain. The defendants include Ripple Labs, its executives Bradley Garlinghouse and Christian A. Larsen, and several individual XRP holders represented by attorney John Deaton. James K. Filan, a prominent legal commentator, confirmed the court order on X. His post shared a direct image of the court order, confirming the temporary pause in the appellate process.