Cryptic Pause: Ripple vs. SEC Stalls!

A U.S. appellate court pauses the SEC's legal battle against Ripple Labs, granting a 60-day break for settlement talks. The SEC initially targeted Ripple and its execs in 2020 for allegedly violating securities laws. After Ripple's hefty $125 million liability, both sides filed appeals. With leadership shifts in the SEC, many crypto cases, including Ripple's, are being reconsidered. Ripple's past political ties add intrigue to the case's pause. The Coinbase report alongside suggests crypto may hit a rebound in 2025 as it fights against the current downturn and regulatory headwinds.