Ripple has missed a deadline in its ongoing legal battle with the U.S. Securities and Exchange Commission (SEC), but a pro-XRP lawyer considers this 'no big deal'.
The SEC recently filed a Form C, appealing a court ruling concerning Ripple's XRP sales. This appeal primarily addresses three issues: sales of XRP through exchanges, distributions of XRP to employees, and transactions by Ripple executives Brad Garlinghouse and Chris Larsen.
The ongoing legal proceedings have drawn significant attention, with Ripple maintaining a positive outlook despite the appeal and missed deadlines.
