Crypto even journalist Eleanor Terrett shared new details about the ongoing Ripple-SEC legal battle following a meeting with Ripple’s Chief Legal Officer Stuart Alderoty.
Terrett’s update outlines the expected timeline and procedure for the appeals process and provides critical information for those following the high-profile case.
The SEC’s deadline to file Form C, a document outlining the details of its planned appeal, is set for tomorrow, according to Terrett. This filing will provide a preview of the legal arguments the SEC plans to present.
Fourteen days after the SEC filing, Ripple will file its own Form C detailing its cross-appeal and providing more information about its legal strategy. Following these applications, both parties will meet and agree on a briefing program.
Once the schedule is determined, the SEC will have up to 90 days to file an opening brief, which will summarize all legal arguments for the appeal, Alderoty said. He expects the SEC to use the full 90-day period granted to it. Ripple will then submit its response, along with its own brief presenting its arguments against the SEC’s allegations.
The entire briefing process outlined by Alderoty is expected to extend until July 2025.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/ripple-sec-davasinda-takip-edilmesi-gereken-kritik-tarihler-belli-oldu/
