On Friday, the SEC submitted a situation anecdote with the Court of Appeals, mentioning that both occasions had filed a Joint Stipulation of Dismissal of the appeals, which remains pending and is awaiting approval by the Court.
It would possibly perhaps most likely perhaps perhaps merely still be recalled that on Aug. 7, the SEC filed a Joint Stipulation of Dismissal with the United States Court of Appeals for the 2d Circuit, entered into with defendants Ripple Labs, Brad Garlinghouse and Chris Larsen, which brushed off the Rate’s charm and Ripple’s scramble-charm and resolves the Rate’s civil enforcement action in opposition to the defendants.
Since the Joint Stipulation of Dismissal became as soon as filed with the United States Court of Appeals for the 2d Circuit, the court approval awaited would possibly perhaps perhaps be from there in preference to the district court, which would possibly perhaps perhaps enjoy brought Mediate Torres into the topic.
Reminder: Mediate Torres has nothing additional to device with this case.
— Marc Fagel (@Marc_Fagel) August 16, 2025
Used SEC regional director, Marc Fagel, points a reminder along these lines amid online hypothesis of a court decision being awaited from Mediate Torres in the Ripple case. Fagel wrote in accordance to surely one of such speculations on X: “Reminder: Mediate Torres has nothing additional to device with this case.”
Ripple case over
As reported, XRP fanatic and honest lawyer, Bill Morgan, referred to the fair lately filed situation anecdote as a formality, having no affect on previous dispositions in the Ripple SEC lawsuit.
The SEC sued Ripple in December 2020, alleging that it sold XRP tokens with out first registering them as securities. Ripple and SEC enjoy agreed to push aside their appeals, bringing the case to an efficient conclusion.
Ripple declared an pause to the 5 yr used lawsuit when Stuart Alderoty, Ripple’s chief honest officer, quickly after the Joint Stipulation of Dismissal became as soon as filed, talked about the dismissals marked “the pause” of the case.
The SEC has also brushed off its complaints filed in opposition to crypto exchanges Binance, Coinbase and Kraken.
