"Major court hearing countdown! The legal battle between XRP and the SEC is reaching a turning point, could regulation be loosening?"
The U.S. Court of Appeals has clarified the timeline for the Ripple case:
December 23: Plaintiff submits mediation questionnaire
December 31: Appeal record order delivered
March 6, 2025: Submission of opening statements
April 7, 2025: Ripple's response deadline
Previous favorable rulings from the court have boosted Ripple's confidence, but the allegations from plaintiff Bradley Sostack are still progressing, leaving many uncertainties in the case.
On the other hand, the SEC is trying to complete major briefings before Chairman Gary Gensler's departure, but the risk of government shutdown may pause the case's progress. Whether this will alleviate Ripple's pressure remains to be seen.
Amid the tug-of-war between regulation and law, XRP's fate is facing multiple contenders.
