Home > Quick > Body

Lawyer Rispoli: The key to Ripple's fight against the SEC lies in the paperwork

clock
2024-10-27 03:36:30
Attorney Fred Rispoli has stated that Ripple's appeal against the Securities Exchange Commission (SEC) relies primarily on paperwork, rather than new evidence or a trial. He noted that the parties will file three core documents, and oral arguments are expected to take place in September or October 2025, with preliminary opinions likely to influence the outcome of the case. Rispoli also stressed that third-party submissions (amicus briefs) will play an important role in this appeal, providing new perspectives. Furthermore, he predicted that SEC Chairperson Gary Gensler may leave and that the new leadership will have a significant impact on cryptocurrency regulation. If Congress passes new legislation before the end of the year, Ripple's legal team will use this new bill to influence the direction of the case.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.