The US SEC has filed an appeal to Judge Analisa Torres’ final judgment in the four-year Ripple-SEC lawsuit.
Attorney Rispoli states that the final decision in the case could not be expected before March 2026.
Stuart Alderoty expresses his disappointment in the SEC’s action, though it is not surprising.
The US Securities and Exchange Commission (SEC) has formally filed an appeal to Judge Analisa Torres’ final judgment in the Ripple lawsuit. Key figures in the crypto space have quickly commented on the SEC’s move just days before the deadline.
Attorney Fred Rispoli suggested in an X post that the 2nd Circuit Court of Appeals’ decision on the four-year Ripple-SEC lawsuit may not be reached before January 2026. Offering insights on the possible developments in the case, Rispoli argued that the SEC will likely push the brief’s due date, initially set for December 2, 2024, to early January 2025.
Read also: XRP Price Slips on Political Uncertainty and SEC Appeal Speculation
For the #XRPHolders, here is the SEC v. Ripple appellate timeline:
1. SEC brief likely due 12/2/24. SEC likely to seek permissible 30 day extension, so will be due shortly after…
The post Ripple Lawsuit: SEC Appeal Could Delay Decision Until 2026 appeared first on Coin Edition.
