Ripple and SEC’s appeal process may extend into 2026, impacting the crypto industry.
Form C filings outline claims and cross-appeals, with briefs expected through mid-2025.
Ripple expands globally with RLUSD stablecoin, focusing on enterprise payments and DeFi.
Ripple Labs and the U.S. Securities and Exchange Commission (SEC) are entering the next phase of their ongoing legal dispute, with the appeal process expected to extend into 2026.
The case, filed in December 2020, hinges on whether Ripple’s XRP token is a security and whether Ripple conducted unlicensed sales of XRP. As the legal fight progresses to the appeals stage, Ripple and the SEC are getting ready for a lengthy and complex process that could significantly impact the crypto market.
Appeal Process and Form C Deadlines
The SEC’s first step in the appeal process will be filing Form C, due by October 16, 2024. This document will outline the specific claims the agency plans to address on appeal. Seven days later, Ripple is expected to submit its own Form C, outlining its cross-appeal. Ripple’s cross-appeal will address parts of the decision, specifically the ruling that found certain institu…
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