$XRP 🚀 Follow the latest developments in the #XRP case In August 2024, the court issued a ruling to fine Ripple $125 million, an amount far less than the US Securities and Exchange Commission (SEC) demands of up to $2 billion.
In October 2024, Ripple filed a cross-appeal to the US Court of Appeals for the Second Circuit, challenging several aspects of the original ruling in the case.
In December 2024, the US Court of Appeals announced new dates for filing briefs in the case. The opening brief is scheduled for March 6, 2025, and Ripple’s response is scheduled for April 7, 2025.
The legal proceedings are expected to continue until mid-2025, with a final ruling likely in the second half of the year.
It should be noted that these dates may change based on developments in the case.
Investors are advised to follow developments with caution, as the outcome of the case may impact the cryptocurrency market as a whole.