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Ripple News: Does the New Cross-Appeal Mean a 3-Year Extension of the SEC Lawsuit? Coinpedia 25 oct. 2024

Ripple News: Does the New Cross-Appeal Mean a 3-Year Extension of the SEC Lawsuit? ⚖️

SEC Bill Morgan USA Ripple

Ripple has submitted Form C for a cross-appeal against the U.S. Securities and Exchange Commission (SEC) in the ongoing XRP lawsuit. This filing occurred just before the deadline, raising concerns about potential delays in legal proceedings.

Attorney Bill Morgan criticized the SEC’s actions, suggesting that their appeal might be strategic, aimed more at prolonging the litigation process rather than confidently resolving the case. Such a move could possibly result in a 3-year extension of the lawsuit.

This legal maneuver comes at a crucial time and highlights the ongoing tension and strategic legal battles within the crypto regulatory landscape.

Source : coinpedia.org ↗

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