Ripple and SEC: The Legal Soap Opera You Didn’t Know You Needed!

In a twist that could only be described as a cosmic joke, Ripple Labs and the SEC have decided to play a delightful game of legal limbo, requesting the Second Circuit Court to hold their appeal in a state of suspended animation. Yes, you heard that right! In a filing dated June 16, 2025 (because why not pick a date that sounds like it belongs in a sci-fi novel?), the SEC has promised to grace us with a new status update by August 15. 🎉

This little pause, akin to a cat napping on a sunny windowsill, allows the district court to ponder over a pending motion while the two parties engage in what can only be described as a riveting round of “Let’s Make a Deal.” 🤔 The outcome of this legal tango could very well shape the next phase of this ongoing saga, which is already more dramatic than a soap opera featuring aliens and time travel. 🛸

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2025-06-17 09:44