#RippleVsSEC In a significant development in the ongoing legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC), Ripple has filed a motion with the United States Court of Appeals for the Second Circuit.

The company is seeking a deadline extension until April 16, 2025, to submit its counter-appeal in response to a district court ruling that largely sided with the SEC regarding XRP‘s classification as a security in specific sales.