CandleFocus 'Bizzare Move': Ripple CTO Speaks out on SEC Appeal Fail
2024-10-17
Author: Content Editor
The Chief Technology Officer (CTO) of Ripple, David Schwartz, has commented on the ongoing debate surrounding the Securities and Exchange Commission's (SEC) appeal against Ripple. The SEC reportedly missed a filing deadline, leading to confusion among XRP enthusiasts. Schwartz confirmed the deadline and stated that he does not believe the SEC deliberately missed it. He does, however, describe the possibility as a "bizarre move." Additionally, a journalist discovered a docketing notice suggesting a new deadline for the SEC's appeal. Former SEC director Marc Fagel suggests that the regulator may have made an error. Despite this potential mistake, it is not an indication that the SEC is walking away from the appeal.
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