Circuit

April

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As the U.S. Securities and Exchange Commission (SEC) officially appeals the&nbsp;<a href="https://u.today/xrp-price-collapses-as-sec-appeals-ripple-case" rel="noopener noreferrer nofollow">Ripple</a> case, the XRP community is now focused on a series of crucial dates that could shape the outcome of this long-standing legal battle.&nbsp;
After Judge Analisa Torres ruled last year that secondary XRP sales were not securities, many saw it as a win for Ripple, but controversy over institutional sales has kept the case in the spotlight. Now, the SEC's move to appeal brings new timelines that Ripple and&nbsp;<a href="https://u.today/infuriating-ripple-ceo-breaks-silence-about-secs-appeal" rel="noopener noreferrer nofollow">XRP</a> holders must keep in mind.&nbsp;
Key dates in the appeal process include the SEC’s opening brief, which is likely due on Dec. 2, 2024. However,&nbsp;<a href="https://u.today/cryptos-nemesis-leaving-sec" rel="noopener noreferrer nofollow">the SEC</a> is expected to request a 30-day extension, pushing the deadline to early January 2025.&nbsp;
Ripple, in response, will file its cross-appeal, with its brief due around the same time. Opposition briefs will then follow, with deadlines in early February 2025, though Ripple may extend this until March.
<h2 dir="ltr" id="2025-and-beyond">2025 and beyond</h2>
By late March 2025, reply briefs will be filed, with oral arguments likely scheduled for September or October 2025. A final ruling from the Second Circuit Court is expected no earlier than January 2026, though experts suggest a more likely outcome in March or April of that year.
Should the case progress beyond this point, it could take an additional 1.5 to 2 years to reach the U.S. Supreme Court, potentially extending the legal process into 2027 or beyond, as revealed by legal expert Fred Rispoli.

Ripple v SEC: Critical Appeal Dates XRP Community Can't Miss

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