šŸ“£ SEC requests extension in Ripple case to January 2025


The SEC has filed a request for an extension in its ongoing appeal case against Ripple Labs, seeking to move the deadline for its principal brief to January 15, 2025.

This request was revealed by defense lawyer James Filan in aĀ postĀ on X. Legal experts, including pro-XRP attorney Fred Rispoli, haveĀ statedĀ that the case could last until 2026.

The timing of this request coincides with Rippleā€™s much-anticipated Form C filing, which is expected to shed light on which parts of Judge Analisa Torresā€™ ruling Ripple intends to cross-appeal.

FOX Business journalist Eleanor TerrettĀ indicatedĀ that the Form C was expected to be filed today, but as of yet, it has not materialized.

The SECā€™s ongoing legal maneuvers have been closely followed by the crypto community, with many speculating on the reasons for these delays.

Rippleā€™s CEO Brad Garlinghouse has publicly criticized the SEC for what he views as overreach, further intensifying the public discourse surrounding the case.

The SECā€™s request for an extended deadline is seen by some as a legal strategy, while others view it as a sign of potential complications within the Commissionā€™s appeal process.

#XRP #Ripple #SEC