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New Form C Deadline Suggests SEC Appeal Against Ripple is Still Alive

In this crypto news content, it is revealed that there is a new deadline for the U.S. SEC to file Form C regarding its appeal against Ripple. Speculation has been circulating that the Second Circuit might dismiss the SEC's appeal due to the agency missing the Form C filing deadline. However, it is clarified that there was a misunderstanding regarding the appropriate deadline, and the SEC has not yet missed it. The Form C deadline is set for October 18 at 11:59 p.m. (ET). The SEC's appeal is believed to revolve around the rulings it lost to Ripple regarding programmatic sales and distributions of XRP.

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