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ongoing appealCoinGape
•US Politics
US Politics
66% Informative
US Court of Appeals grants Ripple and SEC 's joint motion to suspend appeal in XRP lawsuit.
This suspends both the appeal and cross-appeal cases by the SEC and Ripple , respectively.
This will give both parties time to finalize settlement in the long-running legal battle.
Ripple and the SEC had agreed to drop their appeal against the SEC following the latter’s decision to drop its appeal in March .
It remains unclear why the SEC has yet to approve the agreement in the XRP case.
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