CandleFocus SEC requests extension in Ripple case to January 2025
2024-10-24
Author: Content Editor
The SEC has requested an extension for its ongoing appeal case against Ripple Labs, pushing the deadline for its principal brief to January 15, 2025. Legal experts speculate that the case could last until 2026. This request coincides with Ripple's Form C filing, which is expected to reveal which aspects of Judge Analisa Torres' ruling Ripple plans to cross-appeal. The filing, anticipated to be submitted today, has not yet materialized. Ripple's CEO Brad Garlinghouse has criticized the SEC for overreach, adding to the public discourse surrounding the case. Some believe the SEC's request for an extended deadline is a legal strategy, while others see it as a sign of potential complications within the Commission's appeal process.
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