Summary
- Ripple and the Securities and Exchange Commission (SEC) have stated that they have re-submitted a request to the court to stay the appeal.
- It was revealed that the appellate court, the United States Court of Appeals for the Second Circuit, was asked to stay the appeal.
- The SEC announced that it must submit a status report by August 15.
On the 16th (local time), former federal prosecutor James K. Filan reported via X (formerly Twitter), "Ripple and the Securities and Exchange Commission (SEC) have requested that the appellate court, the United States Court of Appeals for the Second Circuit, continue to stay the appeal in accordance with the ongoing motion for judgment."
Filan added, "The SEC must submit a status report by August 15."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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