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Sujit Kumar
Jan 27, 2025

Ripple Sets April 2025 Deadline to Respond to SEC Appeal

Ripple Sets April 2025 Deadline
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.

What’s at Stake for Ripple and XRP?

If the SEC wins the appeal and XRP is classified as a security, Ripple could face tighter regulations and potential setbacks in global expansion. This ruling could affect their growth, particularly in Asia, Europe, and the Middle East. However, Ripple has already gained strong traction internationally, with its cross-border payment solutions continuing to lead the market.

For now, XRP investors remain in wait-and-watch mode, as the legal battle shows no signs of concluding anytime soon.

Disclaimer: The views and opinions expressed in this article are for informational purposes only and do not constitute financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Ripple Sets April 2025 Deadline to Respond to SEC Appeal
Sujit received his Bachelors in Science from the LNMU Darbhanga. He is currently working as a Content Strategist. He has more than three years of professional experience in information systems, security policies, technologies, and Cryptocurrency. He has published 6 books in the area of information security and assurance. He has published more than 50 research articles in leading journals Regarding the Latest and Breaking Crypto News and updates. His research interests include access control, computer forensics, Digital Marketing, Web development, business hacks, player experience, and virtual storytelling.

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