The United States Securities and Exchange Commission (US SEC) has filed a request to extend the deadline for its principal brief in the appeal case against Ripple. This development surfaces as the crypto community eagerly awaits Ripple's form C filing, expected to happen shortly.
Defense lawyer James Filan disclosed this update in an X post, highlighting the intricacies involved in this high-profile legal battle. The request for an extension signals ongoing complexities in the case, which has drawn significant attention within the cryptocurrency and regulatory community.
This legal maneuver by the SEC could influence the proceedings and timelines in the protracted lawsuit against Ripple, a matter that continues to evolve and generate widespread interest among stakeholders in the crypto sector.