Ripple Settlement Remains Pending Court Approval After SEC Filing

The long-standing legal dispute between Ripple Labs and the US Securities and Exchange Commission (SEC) has taken a new turn, as the settlement remains pending court approval. An SEC filing with the appeals court reveals that while both parties have agreed to dismiss their appeals, the final dismissal requires further action by the court of appeals. This disclosure comes after James Filan, defense lawyer for Ripple Labs, highlighted the details on X (formerly Twitter). .