Both Ripple and the U.S. SEC have filed motions with the Court of Appeals in order to end the lawsuit. The SEC has accelerated its ‘Project Crypto’ to facilitate growth for the U.S.-based web3 companies. The XRP/USD pair has signaled macro bullish sentiment with a midterm target of about $6.2. The United States Securities and Exchange Commission (SEC) has filed a status report with the Court of Appeals to confirm a joint venture with Ripple Labs to end the long-standing lawsuit. According to a post by defense lawyer James Filan, the U.S. SEC filed a status report highlighting that the joint stipulation remains pending, awaiting the court’s approval. Earlier this month, the U.S. SEC filed a joint stipulation dismissal, thus formally withdrawing the appeals. However, the Court of Appeals has yet to confirm the joint stipulation dismissal, hence the pending status filed by the U.S. SEC. #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… The post SEC vs Ripple: Agency Files Status Report to Confirm XRP Case Closure appeared first on Coin Edition .
