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US SEC Requests To Extend Deadline For Principal Brief In Ripple Lawsuit
The US SEC has filed a request in its appeal case against Ripple to extend the deadline for its principal brief. This comes amid Ripple’s much-anticipated form C filing, which is expected to happen today.
US SEC Files For Extension Of Principal Brief Deadline
Defense lawyer James Filan revealed in an X post that the US SEC had filed for an extension of the deadline for which it has to file its principal brief. The Commission has asked the court for the new deadline to be January 15, 2025. This request could prolong the case which was already set to last until 2026 based on the timeline provided by legal experts like pro-XRP lawyer Fred Rispoli.
Meanwhile, this development comes amid the much-anticipated filing of Ripple’s Form C which will reveal what part of Judge Analisa Torres’ ruling which they intend to cross-appeal. FOX journalist Eleanor Terrett revealed that the crypto firm will file the Form C today, although that has yet to happen.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.
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