SEC faces Ripple appeal deadline uncertainty, XRP community speculates
The SEC's case against Ripple faces uncertainty regarding the deadline for filing Form C for its appeal. The XRP community speculates that the SEC may have missed the initial deadline of October 16, 2024, while others suggest it could extend to October 18. The SEC filed its notice of appeal on October 2, 2024, but the case was officially entered on October 4, creating confusion about the correct deadline. Ripple's CTO, David Schwartz, noted the possibility that the SEC intentionally missed the deadline, though he found it unusual. According to court filings, the SEC has 14 days from October 4 to submit Form C. A missed deadline could jeopardize the SEC's case, but appellate courts typically allow discretion for federal agencies regarding missed deadlines.
