Ripple wants until April 16, 2025, to respond to the SEC’s appeal, calling it weak and predicting a major win ahead.
Ripple just asked for an April 16, 2025 deadline to hit back in its legal face-off with the SEC. This comes after the SEC filed an appeal to keep pushing its claim that XRP sales on exchanges are securities, even after losing part of the case earlier this year.
ICYMI, the court had previously ruled some XRP sales weren’t securities, giving Ripple and crypto fans hope. But the SEC isn’t backing down, even after Gary Gensler left. They’re doubling down, saying the court made serious mistakes. Ripple’s top lawyer, Stuart Alderoty, isn’t fazed. He called the SEC’s appeal “just noise” and is betting on Ripple coming out on top.
Attorney Jeremy Hogan, closely following the drama, slammed the SEC’s appeal, calling it weak. He pointed out the SEC still can’t prove XRP buyers expected gains solely from Ripple’s work, especially since many buyers don’t even know what Ripple is.
Ripple’s team is confident this case could set a new tone for crypto regulations. They believe the next administration might even drop the SEC’s fight altogether. Until then, Ripple’s hodling strong, ready for a legal win and a crypto-powered future.
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