CandleFocus In the Ripple-SEC Case, Did the SEC Forget the Document It Should Deliver? Lawyer Shares Interesting Detail
2024-10-17
Author: Content Editor
The article discusses the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), with a cryptocurrency-focused attorney named MetaLawMan providing insights. MetaLawMan suggests that the SEC may have missed the deadline to file Form C in the appeals process, potentially putting the appeal at risk of dismissal. However, MetaLawMan expresses skepticism about the SEC unilaterally dropping its appeal, as it would leave them exposed to Ripple's cross-appeal. The attorney notes that federal rules could result in the appeal being dismissed if the deadline is not met. A statement from an SEC spokesperson confirms that the appeal is proceeding as expected and the necessary documents will be made public soon.
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