$XRP Today, January 15, 2025, is the deadline set by the U.S. Court of Appeals for the Second Circuit for the U.S. Securities and Exchange Commission (SEC) to file an appeal brief in the case against Ripple Labs. The court warned that if the SEC fails to file the document by that date, the appeal will be dismissed.
Earlier, on October 24, 2024, the SEC asked for an extension of the deadline to file the main appeal brief until January 15, 2025, which the court granted.
There is currently no information on whether the SEC has filed its appeal brief by the deadline. If the SEC fails to file the document by the end of the day, its appeal may be dismissed, which will have a significant impact on the outcome of the case against Ripple.
The XRP community and crypto enthusiasts are closely monitoring the developments, considering the possible implications for cryptocurrency regulation in the US.