While Ripple CEO has declared victory in the legal battle with the SEC, the official case closure remains pending. A recent joint motion filed by both parties was granted, signifying progress towards a final resolution. The US Court of Appeals for the Second Circuit acknowledged and approved this move last week after both sides requested a pause on individual appeals. Nevertheless, the Securities and Exchange Commission (SEC) has yet to make an official statement regarding their position. The SEC is now required by the court to file a report detailing its legal case progress within 60 days of this order. This development brings the case closer to a resolution, but the ultimate outcome remains uncertain.