The Ripple vs SEC lawsuit is nearing a pivotal stage, with Ripple co-founder Chris Larsen making a significant legal move. Larsen filed a Notice of Appearance just ahead of the important Form C deadline, which is crucial for Ripple's cross-appeal against the U.S. SEC.
Larsen's intervention prevents a default and demonstrates Ripple's proactive stance in defending against the SEC's allegations. The outcome of this lawsuit could drastically influence Ripple's future operations and the broader crypto market.
As Ripple is seen taking strategic steps, the crypto community watches closely, awaiting developments that might signal a favorable verdict for Ripple. Larsen's involvement is seen as a strong statement in reinforcing Ripple's legal and strategic position.