$XRP #Ripple

The U.S. Court of Appeals for the Second Circuit issued a default notice to Ripple's legal team for failing to submit the Acknowledgment and Notice of Appearance form by the due date of October 18,

Ripple faces potential setback in SEC case due to missed filing deadline, risking further penalties or restrictions. Ripple's failure to meet a filing deadline may hinder its defense in the ongoing lawsuit with the SEC, which is appealing a favorable ruling for Ripple. This procedural mistake could lead to additional consequences, including increased penalties or operational limitations.