Ripple Labs has made an official request to pause the monetary judgment in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC). The judgment, ordered on August 7, 2024, includes a financial penalty that was due to be paid by Ripple on September 6, 2024.
The request for a stay was submitted to the court on September 4, 2024, indicating Ripple's intention to delay the financial aspect of the judgment temporarily. The outcome of this request is still pending.
