The Ripple vs. SEC lawsuit remains one of the most high-profile legal battles in the crypto industry. In a recent development, Ripple has requested an April 16, 2025, deadline to respond to the SEC’s appeal, potentially prolonging uncertainty for XRP holders.
Ripple Stands Firm as SEC Pushes Appeal
Despite Gary Gensler’s departure, the SEC remains persistent, pushing forward with its appeal. However, Ripple’s legal team remains confident, arguing that the SEC’s case lacks new evidence and is merely a repetition of past arguments. Legal expert Jeremy Hogan also criticized the SEC’s approach, emphasizing that they have yet to prove that XRP buyers expected profits solely from Ripple’s efforts.
Former SEC attorney Marc Fagel weighed in, stating that it’s common for legal teams to seek maximum time for responses. He also hinted that Ripple might be strategically waiting for a new SEC leadership to potentially resolve the case before filing their official response.
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