Expert Reveals Possible Reason Behind Ripple’s Requested Deadline in SEC Case
The legal struggle between Ripple and SEC is still the most watched legal struggle in the cryptocurrency world. Recently, Ripple demanded that the deadline for April 16, 2025 responded to SEC’s appeal. This may mean that the uncertainty of XRP has been for a long time, but Ripple is unwavering.
The SEC recently appealed, indicating that even if Gary Gensler left the SEC, they did not shrink back. However, Ripple’s legal team is still confident. They believe that SEC’s appeal is a argument for re -debate and hopes that the new government may give up the case.
Legal expert Jeremy Hogan also criticized the SEC case and pointed out that they still did not prove that XRP buyers expected to make profits from Ripple’s efforts. The SEC case may have weaknesses, but as usual, this is far from over.
Current SEC Lawyer Marc Fagel The lawyer was asked about the deadline of Ripple on social media and explained: “Lawyers seek the longest standards. Although I think there is no doubt, they also allow new SEC leaders Case (again, this is a very unusual thing, but it seems possible.) “”
Why is this important? If the SEC has won an appeal and XRP is classified as security, then Ripple may face greater legal obstacles, which may slow down their progress and partnership. This will be the frustration of Ripple’s expansion, especially in Asia, the Middle East and Europe. On the other hand, Ripple has made great progress in the international market, and its cross -border payment solutions are still the most effective in the cryptocurrency field.
