Ripple's Cross-Appeal May Be Delayed as SEC Fails to File Form C

  • The SEC has yet to file Form C with the Second Circuit Court of Appeals.

  • Form C is crucial for Ripple to file its cross-appeal and the other proceedings.

  • Bill Morgan believes that Ripple will go ahead and file its cross-appeal.

The SEC has failed to file a crucial form required for its appeal in the Ripple lawsuit, sparking confusion and criticism. Fox Business journalist Eleanor Terrett reported that Form C, which details the specifics of the SEC’s appeal, is missing from the Second Circuit Court of Appeals. This omission is causing delays and raising questions about the SEC’s strategy in the ongoing legal battle.

🚨NEW: The @SECGov has not filed its Form C with the Second Circuit yet which will detail what exactly they’re appealing. They need to do that pronto so that @Ripple knows how to proceed. Ripple also has 14 days from today to file a cross-appeal if they choose to.

Form C: pic.twitter.com/IomvRZXw9N

— Eleanor Terrett (@EleanorTerrett) October 3, 2024

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