Connect with us

Hi, what are you looking for?

Crypto News

Breaking: 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.

The post Breaking: US SEC Requests To Extend Deadline For Principal Brief In Ripple Lawsuit appeared first on CoinGape.

You May Also Like

World News

US Secretary of State Marco Rubio will discuss the possibility of deporting suspected Tren de Aragua gang members to El Salvador in an upcoming...

Science&Tech News

Consumer rights group Which? is suing Apple for £3bn over the way it deploys the iCloud. If the lawsuit succeeds, around 40 million Apple...

Science&Tech News

Battle lines have been drawn between the almost 200 countries meeting in Azerbaijan as they seek to agree a new pot of money to...

Crypto News

The Bank of Russia has issued a directive for financial institutions to prepare for the integration of the digital ruble. The move aims to...