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Critical dates have begun to be clarified in the ongoing case between Ripple and the SEC. The information shared by crypto journalist Eleanor Terrett after her interview with Ripple’s Chief Legal Officer Stuart Alderoty includes important details about the appeal process.
According to Terrett, the deadline for the SEC to file a Form C document regarding the appeal is tomorrow. This document will provide a preview of the legal arguments the SEC will present. 14 days after this document is filed, Ripple will file its own Form C detailing its cross-appeal and provide more information about its legal strategy.
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After this process, the two parties will come together and agree on a briefing schedule. Once this schedule is determined, the SEC will have up to 90 days to submit its opening brief, which will present its legal arguments for the appeal. Alderoty stated that he expects the SEC to use the full 90-day period. Ripple will present its own response to the SEC’s allegations. It is anticipated that this briefing process could extend until July 2025.
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