The post Ripple vs SEC Update: Legal Contradictions Raise New Questions About XRP Lawsuit’s Status appeared first on Coinpedia Fintech News The long-running XRP lawsuit has taken another unexpected turn, and this time, it’s left even legal experts scratching their heads. The U.S. SEC has officially confirmed that the Ripple lawsuit is now fully in the appeal phase. In a letter to Judge Analisa Torres, the agency urged the court to reject a new emergency filing from Justin Keener—an outside individual previously sued by the SEC—who requested to present what he called “decisive evidence” in the case. According to the SEC, such a request is improper because the district court no longer has authority over the matters in question, which are currently being reviewed by the Second Circuit Court of Appeals. Crypto lawyer Bill Morgan recently highlighted a strange contradiction in the ongoing Ripple vs SEC case that’s raising fresh doubts about where things actually stand. Such an odd thing that Ripple say the Appeal and Cross-Appeal is settled but the SEC writes to Judge Torres that the matter is still on appeal. Settled but not quite over. https://t.co/TpNv2DcKoE pic.twitter.com/XFAKJAzUUP — bill morgan (@Belisarius2020) April 9, 2025 The Mysterious Filing and SEC’s Reaction It all started when Justin W. Keener, who previously faced legal trouble from the SEC, submitted a surprise filing in the Ripple case. Keener claimed he had key evidence that could influence the outcome of the lawsuit. However, legal analysts quickly dismissed it as irrelevant, with some even calling it “spam.” Still, the SEC took the time to respond, saying the filing was improper and should be denied because the case is still under appeal. That’s where things got confusing. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : XRP Price Prediction 2025-2028: Standard Chartered Sees 500% Surge! , Wait—Is the Appeal Still Alive? The SEC’s official response stated that the court no longer has jurisdiction over the matter because it’s still being appealed. But Ripple had previously told the court that both the SEC’s appeal and Ripple’s cross-appeal were settled. That means either someone is mistaken—or the two sides don’t agree on whether the case is truly over. Bill Morgan called this contradiction “odd,” and it’s now fueling more uncertainty around the final outcome. One community member, Danny, hinted that something major could be happening behind the scenes, pointing to the urgency of the mysterious emergency filing. Why It Matters However, this isn’t just a paperwork issue. The XRP lawsuit is a big deal for the entire crypto market. How it ends could shape how U.S. regulators treat other digital assets in the future. 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Yes, the SEC confirmed the case is still under appeal with the Second Circuit Court, contradicting earlier reports of a settlement. What is the latest update in the XRP lawsuit? The SEC denied an outside emergency filing, saying the case is in active appeal and outside the district court’s jurisdiction.