$XRP XRP Lawsuit: US Appeals Court Announces Schedule for Ripple Case
XRP Lawsuit: US Appeals Court reveals dates for opening brief and reply brief by Ripple and Brad Garlinghouse in the long running case
US court of appeals has announced further dates for the XRP lawsuit, as per the notice of appeal filing in the district court. Notably, the opening brief will be filed on March 6 next year, whereas and Ripple Labs, XRP II and CEO Brad Garlinghouse will file their reply to the appellant’s principal brief by April 7, 2025.
Meanwhile, the US Securities and Exchange Commission is preparing to file its principal brief before Chair Gary Gensler steps down as SEC Chair.
US Appeals Court Release Dates for Ripple XRP Lawsuit
The United States Court of Appeals for the Ninth Circuit confirmed receiving notice of appeal and assigned a docket number for the Ripple lawsuit. The appeals court asked parties that any motions seeking relief from this court must be separately filed.
District Court Rule in Favor of Ripple
As earlier reported, lead plaintiff Bradley Sostack appealed against recent judgments in favor of Ripple Labs, XRP II and CEO Brad Garlinghouse.
Judge Phyllis Hamilton granted the motion to amend the order pertaining to judgment and stay in the XRP lawsuit. Both parties submitted a proposed order to the court, agreeing that there was no reason to delay judgment.
Meanwhile, Ripple vs SEC lawsuit in the Second Circuit Appeals Court is in focus. Ripple executives and the crypto community are confident about the dismissal or withdrawal of the lawsuit. However, some have raised concerns about Gary Gensler creating problems as he steps down on January 20, five days after the principal brief deadline.
