The ongoing legal battle between Ripple and the SEC took another twist when the SEC failed to file Form C, a critical document in their case. This oversight might prompt a cross-appeal from Ripple, as the company attempts to leverage the SEC's missed deadline to their advantage.
Ripple's case against the SEC has been a longstanding issue, with the SEC recently filing a notice of appeal in response to Judge Analisa Torres' ruling. This development occurs two months after what was initially thought to be the final judgment, prolonging the four-year-long legal struggle.
The SEC's potential appeal to the Second Circuit Court showcases the ongoing complexity and severity of the legal dispute, highlighting the pivotal nature of this case for both Ripple and the broader cryptocurrency industry.
