CandleFocus

U.S. court orders SEC vs. Ripple brief by Jan 15

The U.S. Court of Appeals for the Second Circuit has set a deadline of January 15, 2025, for the SEC to file a brief in the case against Ripple and its executives. The court has also warned that the appeal will be dismissed if the SEC does not meet this deadline. The SEC had previously requested an extension to this deadline after missing the court's initial deadline. The Ripple community has accused the SEC of intentionally delaying the case, and some believe that former President Donald Trump may intervene and withdraw the case once in office. Ripple's CEO and chief legal officer have expressed confidence in winning the appeal.

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