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Ripple Vs. SEC: New Deadline Announced By Second Circuit Court

  • The United States Court of Appeals for the Second Circuit has set a deadline for the Securities and Exchange Commission (SEC) to file its appellate brief in the Ripple vs. SEC case.
  • The SEC must file its brief by January 15, 2025, and failure to comply will result in the dismissal of the SEC's appeal.
  • The recent controversy surrounding the SEC's filing of Form C, which outlined the issues they intend to address on appeal, led to speculation that the SEC had missed the deadline.
  • The court's order has garnered reactions from legal professionals and potential implications related to the US presidential election have been discussed.

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