Pro-XRP Lawyer Details Potential Timeline and Process of SEC v. Ripple Appeal

Lawyer Fred Rispoli gives an in depth overview of the potential timeline for the SEC v. Ripple attraction to the USA Court docket of Appeals for the Second Circuit.

The lawyer printed the evaluation after the SEC filed an attraction yesterday within the Southern District of New York. Following the event, Lawyer Rispoli highlighted the method and potential timeline of the attraction decision.

Opening letter timeline

The SEC’s attraction letter is probably going due December 2, in accordance with the lawyer. Nonetheless, he speculated that the committee might request a 30-day extension, probably pushing the deadline past January 1, 2025.

On this letter, the regulator will spotlight the problems it intends to attraction and clarify to the Second Circuit why it believes Choose Analisa Torres’ ruling was incorrect.

Furthermore, the authorized skilled expects that Ripple will file a cross-appeal. The crypto funds firm said that it’s contemplating interesting the court docket’s ruling. If this occurs, lawyer Rispoli predicts the corporate’s opening letter will likely be out across the identical time because the SEC’s.

Potential timeline for opposition and response briefs

After the events have filed their opening transient, each events are anticipated to file their opposition transient. Lawyer Rispoli predicts that the opposition briefs have to be filed by February 2, 2025.

Notably, he expects Ripple to request a 30-day extension, which might push the deadline to March 2, 2025. With the opposition briefs due in March, the lawyer expects the events to file their responses by the top of the month .

Oral arguments

Moreover, the lawyer defined that after written submissions are filed, the Court docket of Appeals will schedule oral arguments between September and October 2025.

Throughout this continuing, the authorized counsel representing the SEC and Ripple will bodily current their circumstances and argue why the court docket ought to rule of their favor.

Closing ruling of the court docket of attraction

After the events offered their written and oral arguments, lawyer Rispoli predicts that the Court docket of Attraction will rule on the case in early 2026. Particularly, he predicts that the Second Circuit’s ruling within the Ripple case might are available January 2026 on the earliest. .

Moreover, he believes the court docket might difficulty the choice in March or April 2026. In the meantime, lawyer Jeremy Hogan additionally expects the Court docket of Attraction ruling between late 2025 and early 2026.