GET 10% OFF ON YOUR FIRST ORDER. FOR A LIMITED TIME ONLY. Use code: WELCOME on checkout
News

XRP Lawsuit: Legal Expert Says the SEC is ‘Not Delaying’ The Ripple Appeal To 2025

XRP Lawsuit

The post XRP Lawsuit: Legal Expert Says the SEC is ‘Not Delaying’ The Ripple Appeal To 2025 appeared first on Coinpedia Fintech News

Ripple’s legal battle with the U.S. Securities and Exchange Commission (SEC) continues, with the SEC requesting yet another extension for its main brief submission, now pushing the deadline to January 2025. According to legal analyst Fred Rispoli, this request hints at more than just logistical issues; it shows that the SEC is struggling with its resources in handling cryptocurrency cases, adding to an already packed agenda.

During his appearance on the “Good Morning Crypto Show,” Rispoli said that Ripple’s appeal will focus exclusively on written submissions, characterizing the situation as a “battle of briefs” rather than live courtroom confrontations. Oral arguments are expected to take place in late 2025, providing both parties an opportunity to strengthen their positions.

However, former SEC attorney Marc Fagel countered Rispoli’s assessment, asserting that the SEC merely selected a date to file its briefs within the established timeline and that there are no delays occurring.

Taking to his X handle, Rispoli wrote,

“False. The SEC simply picked a day to file their briefs within the allocated time period. Nothing is being delayed.”

Gary Gensler, New Laws and More

On the show, Fred also discussed how a new law could affect Ripple. If a law were passed stating it would start on January 1, 2026, it might make the current legal arguments irrelevant, as long as it clearly includes Ripple. If the law is unclear about Ripple’s status, the appellate court might send the case back to the trial court for more clarification.

Fred said that new SEC leadership could greatly impact Ripple’s lawsuit.  Regarding Gary Gensler, the current SEC chairman, Fred predicted there’s a “0% chance” he’ll still be in that role by 2026. 

Latest Press

post-thumbnail
News
4 hours ago
WhaleAlert Notes 200M DOGE Transfer, DOGE Rises Over 20%
The post WhaleAlert Notes 200M DOGE Transfer, DOGE Rises Over 20% appeared first on Coinpedia Fintec...
READ MORE
post-thumbnail
News
4 hours ago
Pendle Team Moves Over 2M Tokens Worth $11M to Binance
The post Pendle Team Moves Over 2M Tokens Worth $11M to Binance appeared first on Coinpedia Fintech ...
READ MORE
post-thumbnail
News
4 hours ago
Breaking: Bitcoin Reaches A New ATH Of $80K! More Room To Rise Further?
The post Breaking: Bitcoin Reaches A New ATH Of $80K! More Room To Rise Further? appeared first on C...
READ MORE
default post thumbnail
News
4 hours ago
Avalanche Nears Breakout – Top Analyst Sets $420 Target For AVAX This Cycle
Avalanche (AVAX) has surged over 40%, reaching a critical supply level that, if broken, could trigge...
READ MORE
post-thumbnail
News
4 hours ago
$1,400 On The Horizon? Solana Breach Of $200 Excites Analysts
Solana, the leading Layer 1 blockchain platform, has at last overcome the critical $200 barrier, giv...
READ MORE
default post thumbnail
News
4 hours ago
Dogecoin Price Hits New 2024 High: Here Are 2 Ways It Could Go From Here
The Dogecoin price action since the beginning of the week has been nothing short of impressive. Nota...
READ MORE
default post thumbnail
News
4 hours ago
Donald Trump Plans ‘Crypto Recovery Act’ – Here Are the Top Coins to Buy Now
Speculation is mounting that Donald Trump is preparing to unveil a major initiative to stimulate the...
READ MORE
default post thumbnail
News
4 hours ago
Analyst Reveals Bitcoin Key Support Levels For Reaccumulation – Details
The price of Bitcoin showed a highly positive reaction to Donald Trump’s emergence as the next US ...
READ MORE
default post thumbnail
News
4 hours ago
Ethereum’s Market Cap Lags $1 Trillion Behind Bitcoin (BTC): Here’s When ETH Will Catch Up?
As of 5 November 2024, Bitcoin has not only managed to maintain its status but has also expanded its...
READ MORE
default post thumbnail
News
4 hours ago
SUI Network Launches SnoozeCat: The Next Big Meme Coin Amidst Bull Run
SnoozeCat is here to wake up your crypto potential! Join our presale and Game Airdrop for exclusive ...
READ MORE

Publish an article now

Unlock the power of media for instant visibility to the target audience, major SEO boost, greater website traffic and conversion rates.

click here to get started