Court grants 60-day pause of SEC, Ripple appeals case

An appellate court has granted a joint request from Ripple Labs and the Securities and Exchange Commission (SEC) to pause an appeal in a 2020 SEC case against Ripple amid settlement negotiations. In an April 16 filing in the US Court of Appeals for the Second Circuit, the court approved a joint SEC-Ripple motion to hold the appeal in abeyance — temporarily pausing the case — for 60 days. As part of the order, the SEC is expected to file a status report by June 15. April 16 order approving a motion to hold an appeal in abeyance source: https://cointelegraph.com/news/court-pause-sec-ripple-appeals-case?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound