The ongoing legal battle between Ripple and the SEC seems to be perpetually stalled, as legal expert Fred Rispoli comments on the nature of the SEC's appeal. He notes that this appeal will largely consist of documented arguments rather than bringing forth new evidence or initiating a trial.
According to Rispoli, both parties will need to submit written briefs, which include an opening statement, an opposition, and a subsequent reply. This paperwork-centered approach reflects the procedural aspect of the appeal rather than introducing breakthrough information.
The continuous filing of documents is expected to be the primary focus as each side attempts to strengthen its position. This method underlines the bureaucratic hurdles present in such litigation processes, pointing towards a lengthy legal battle.
The reliance on paperwork rather than substantive legal confrontation or newfound evidence underscores the intricacies and complexities involved in the case between Ripple and the SEC.
