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XRP Grows Amidst SEC Appeal Confusion

Andras Crow-Hreidar by Andras Crow-Hreidar
October 17, 2024
in Crypto, News
Reading Time: 2 mins read
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SEC’s Surprising Decision Leaves Ripple Unshaken
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XRP has once again started to climb, finding support around the $0.54 mark. However, the community finds itself in a state of confusion over the timeline for the SEC’s appeal. On social media platform X, users are actively discussing and speculating about the deadline for the SEC to file the Form C. Let’s delve into the social media buzz and uncover what you need to know about this critical deadline.

Unpacking the Deadline Confusion

A multitude of prominent accounts on X have been suggesting that mere hours remain for the SEC to file Form C. Conversely, another faction believes that the deadline extends by one more day, arguing it isn’t today. In the midst of this information swirl, users took to calculating the days since the SEC’s appeal was filed. XRPLEGION, a notable user, posed the question regarding the due date, triggering a flurry of mixed responses from the community.

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Opinions are divided, with some asserting that time is running out, while others claim the SEC has an additional 24 hours to submit Form C. The situation took an intriguing turn when attorney Jeremy Hogan responded to XRPLEGION’s tweet. Hogan noted, “You don’t count the day of filing and then it must be filed within 14 days. Doesn’t that make it due…tomorrow? (I’m bad at math)”

The Story Keeps Rolling

Data from Court Listener currently shows no new documents filed in the SEC vs Ripple Labs case. This raises the question: does the deadline indeed extend by another 24 hours, or has it already passed? As this story continues to develop, we remain committed to providing ongoing updates. Stay tuned for the latest insights and analyses!

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Tags: Crypto Vs SEC
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Andras Crow-Hreidar

Andras Crow-Hreidar

Hi there, my name is András and I'm a business and finance journalist living in Norway. My passion lies in uncovering the latest stories in the world of finance and delivering them to my readers in a way that's clear and engaging. I cover a wide range of topics in the finance world, including cryptocurrencies, which I believe have the potential to transform the way we interact with money and financial systems.As a journalist, I'm committed to providing my readers with accurate and reliable reporting. I believe that access to high-quality information is essential for making informed decisions, whether it's about personal finances or investments. When I'm not writing about finance, I enjoy a variety of hobbies and interests.

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