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- SEC and Ripple to submit appeal briefs by early 2025.
- Oral arguments expected by September-October 2025.
- Final ruling anticipated between January and April 2026.
The latest appeal from the SEC on the Ripple case has now prolonged the legal battle between them. As Ripple and the U.S. Securities and Exchange Commission (SEC) prepare for what’s next, one attorney reveals an appeal timeline with crucial events for XRP holders to watch out for and prepare.
For the #XRPHolders, here is the SEC v. Ripple appellate timeline:
— Fred Rispoli (@freddyriz) October 2, 2024
1. SEC brief likely due 12/2/24. SEC likely to seek permissible 30 day extension, so will be due shortly after 1/1/25.
2. Ripple will cross appeal. It's opening brief will be due around the same time.
3. The…
XRP Holders Prepare for SEC Appeal Repercussions
To highlight, the SEC is expected to submit its appeal brief by December 2, 2024, but it is likely the agency will request a 30-day extension, pushing the deadline to just after January 1, 2025. Ripple, in turn, is preparing to file a cross-appeal at the same time, setting the stage for both parties to argue their cases simultaneously.
Following these submissions, opposition briefs will be due by February 2, 2025. Ripple is anticipated to seek an extension, potentially moving the filing date to around March 2, 2025. Reply briefs, which allow both sides to clarify their positions, are expected to be filed by the end of March 2025.
Attorney Highlights Crucial Dates for Ripple Case
The next major phase in the process will be the oral arguments, which are likely to take place between September and October 2025. This hearing will give both the SEC and Ripple the opportunity to present their arguments before the 2nd Circuit Court of Appeals.
A final ruling in the case is expected by January 2026 at the earliest, though it is more likely to be handed down in March or April of that year. This timeline provides XRP holders and investors with a clearer understanding of the long legal journey ahead, as the case could shape the future of cryptocurrency regulation in the U.S.