The SEC v. Ripple case remains controversial, particularly over the SEC’s deadline for filing its appeal. Although the SEC filed its initial appeal on October 2, and the court granted it on October 4, there is disagreement over the deadline for the SEC to file its appeal.
Some lawyers, including those from Ripple and Coinbase, have argued that the deadline is from the date the appeal was filed, meaning the SEC missed the deadline to file its appeal on October 17, which is yesterday. If that were the case, the SEC would not be able to continue its appeal. However, the SEC has maintained that it will continue with the appeal process, complicating matters further.
These developments further raise questions about whether the SEC truly respects legal and judicial processes.
