PANews reported on April 11 that according to former U.S. federal prosecutor James K. Filan, the SEC and Ripple have jointly submitted a motion to the U.S. Court of Appeals for the Second Circuit to apply for an "abeyance" of the appeal and cross-appeal proceedings between the two parties, on the grounds that the two parties have reached a "principle settlement agreement" and are currently awaiting approval from the SEC committee. If approved, they will apply to the local court for a confirmatory ruling. The court has canceled the original arrangement to submit the reply materials on April 16.

This motion marks the final settlement of the case.