Ripple CFN

  • Ripple Labs and Brad Garlinghouse must respond to the plaintiff’s opening brief by April 7, 2025.

  • The Ninth Circuit Court has established deadlines for briefs, mediation, and transcripts in Ripple Labs’ XRP lawsuit.

  • SEC Chair Gary Gensler prepares to file a principal brief before stepping down in January 2025.

The United States Court of Appeals for the Ninth Circuit has released important dates related to the ongoing XRP lawsuit involving Ripple Labs and its CEO, Brad Garlinghouse. The case, which has garnered significant attention, now moves forward with a structured timeline for filings and responses. The court has also issued guidelines for motions and filings required during the appeal process.

As per the latest updates, the plaintiff, Bradley Sostack, must file a Mediation Questionnaire by December 23, with an Appeal Transcript Order and Appeal Transcript due December 31 and January 30, respectively.

The plaintiff is scheduled to submit an opening brief on March 6, 2025, outlining the basis for the appeal against Ripple Labs and its executives.

Ripple Labs, XRP II, and Brad Garlinghouse will respond by filing their Appeal Answering Brief by April 7, 2025. These deadlines set the stage for the appeals process, where both sides will present their arguments before the Ninth Circuit Court.

The court has stated that parties must designate or cross-designate transcripts in accordance with Rule 10-3 if there were reported hearings. If no hearings were reported, transcript deadlines will not apply.

Meanwhile, the US Securities and Exchange Commission (SEC) is preparing its principal brief in a separate case before Chair Gary Gensler’s scheduled departure on January 20, 2025.

Gensler steps down just five days after the SEC’s principal brief deadline. This timeline adds another layer of complexity to the broader legal disputes involving Ripple Labs and the SEC.

In related developments, the district court recently ruled in favour of Ripple Labs, granting a motion to amend the order related to judgment and stay. Both parties submitted a proposed order confirming no delay was necessary as class claims were resolved. 

Ripple’s legal challenges remain in focus as proceedings continue in the Ninth Circuit Appeals Court. The crypto community closely watches these developments as Ripple Labs and its executives prepare to respond to the appeals.