XRP Lawsuit Fresh Update: Ripple Files New Letter Supporting Settlement Move in SEC Case

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In the latest update on the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple has filed a new letter in support of a joint motion asking the court for an indicative ruling.

This filing comes as both parties — Ripple and the SEC,  have requested that the Second Circuit Court continue to pause the ongoing appeal process. The SEC has been asked to provide a status update by August 15, 2025.

In its letter to Judge Analisa Torres, Ripple explained that neither side is asking the court to change its earlier Summary Judgment decision, which still stands and remains important for future cases. Ripple also made it clear that removing the “obey the law” injunction would not change its responsibility to follow securities laws. The company stressed that it, like every other business, must always comply with legal regulations, whether or not a court order is in place.

#XRPCommunity #SECGov v. #Ripple #XRP @Ripple has filed a Supplemental Letter in support of the Motion for an Indicative Ruling. pic.twitter.com/yPTTugNIj8

— James K. Filan (@FilanLaw) June 17, 2025

Ripple further explained that settling the case now, with both parties agreeing to certain compromises like a reduced penalty, would help avoid further risk from ongoing appeals. It would also bring an end to a case that has lasted years and taken up significant court resources.

Interestingly, Ripple pointed out that the SEC is shifting its approach toward regulating digital assets. The agency has recently dropped other crypto-related cases and created a new Crypto Task Force aimed at creating clear and fair rules for the industry. Ripple has actively participated in this process by attending meetings and sharing feedback.

As one of the earliest crypto firms targeted by the SEC, Ripple’s case has become one of the most closely watched in the industry. The company is now asking the court to recognize the settlement they’ve negotiated, which would ease the burden on the courts while still holding Ripple accountable.