The court mandates the SEC to file its principal brief in the Ripple lawsuit by January 15, 2025.
The pretrial conference is set for December 19, while the trial will begin on January 21, 2025.
The XRP community remains optimistic about the potential influence of Trump’s victory on the case.
The ongoing Ripple-SEC lawsuit has taken a new direction with the court’s approval of the U.S. Securities and Exchange Commission’s (SEC) request to extend the principal brief deadline. On October 31, 2024, the U.S. Court of Appeals for the Second Circuit ordered the regulator to submit its brief by January 15, 2025, granting the SEC’s request.
The SEC had asked the court on October 24 to extend its principal brief in the ongoing appeal case against Ripple to January 15, 2025. This development stems from the SEC’s notice to appeal the court’s final ruling that declared the XRP token is not a security. Following the appeal, key industry figures like attorney Fred Rispoli suggested the SEC might try to push the brief deadline. They even predicted that the Ripple-SEC lawsuit might not be resolved until 2026.
Key Dates and Developments in Ripple Lawsuit
Judge Phyllis …
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