Defense lawyer and former federal prosecutor James K. Filan has reported that the United States Securities and Exchange Commission (SEC) has filed a status report with the United States Court of Appeals for the Second Circuit in its case against Ripple Labs Inc., along with related defendants. According to Filan, the filing states that the parties have submitted a Joint Stipulation of Dismissal for both the SEC’s appeal and Ripple’s cross-appeal, with the stipulation still pending and awaiting approval by the Court. The status report, dated August 15, 2025, references prior court orders from April 16, 2025, and June 16, 2025, which required updates on the matter. The SEC’s filing confirms that both sides have agreed to dismiss their respective appeals , with each party responsible for its legal costs and fees. The court documents list Ripple Labs Inc. as Defendant-Appellee-Cross-Appellant, with company executives Bradley Garlinghouse and Christian A. Larsen named as Defendants-Appellees. Several individuals are also listed as intervenors in the case. #XRPCommunity #SECGov v. #Ripple #XRP The @SECgov has filed a status report with the Court of Appeals noting that the parties have filed a Joint Stipulation of Dismissal of the appeals and that the stipulation remains pending and therefore awaiting approval by the Court. pic.twitter.com/X74wFRhswq — James K. Filan (@FilanLaw) August 15, 2025 We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Reason for the Filing A community member, identified as Sherrie, provided further context to Filan’s update. She explained that the status report was filed because the Court of Appeals has not yet approved the joint stipulation of dismissal. She attributed the delay in approval to the summer period, suggesting that procedural timelines have been slower. Sherrie noted that the SEC was obligated to file the report before the end of the day, which explains the late-day filing. She further stated that if the Court of Appeals had approved the stipulation earlier that day, the SEC would not have been required to file the status report at all. Approval Process Sherrie also clarified that the approval of the joint stipulation is a procedural formality. The Court of Appeals must grant it, not Judge Analisa Torres, who presided over the case in the district court. The stipulation, once approved, would formally end both the SEC’s appeal and Ripple’s cross-appeal, bringing this phase of the litigation to a close. Given the filing and the agreement between the parties, the conclusion of the appeals process now appears contingent solely on the administrative completion of this approval step by the Court of Appeals. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Lawsuit: SEC Makes Fresh Filing With Court of Appeals to Dismiss the Case Completely appeared first on Times Tabloid .
