O Tribunal de Apelações do Segundo Circuito dos EUA (2º Circ.) ordenou que uma petição sobre SEC vs. Ripple e o caso de seus executivos fosse arquivada até 15 de janeiro de 2025. O tribunal também ordenou a rejeição do recurso se a SEC não apresenta a petição após essa data.
James K. Filan, advogado de defesa e ex-procurador federal, revelou que a SEC apresentou uma notificação de agendamento no âmbito do caso SEC vs. Ripple e seus executivos junto ao Segundo Circuito.
Nos autos, a comissão solicitou a prorrogação até 15 de janeiro de 2025, após não cumprir o prazo do tribunal para apresentar um pedido de recurso.
O Segundo Circuito ordenou que a comissão cumprisse o prazo e apresentasse a petição até 15 de janeiro de 2025. O tribunal também ordenou que o recurso fosse rejeitado se a petição não fosse apresentada após essa data.
#XRPCommunity #SECGov v. #Ripple #XRP O Tribunal de Apelações do Segundo Circuito emitiu uma ordem determinando que a petição do @SECGov deve ser apresentada até 15 de janeiro de 2025. pic.twitter.com/E3TE5tBDAy
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) 1º de novembro de 2024
The court also added that a motion to extend the predetermined deadline or seek other relief would not toll the filing. The court gave the order on October 31st at the Thurgood Marshall United States Courthouse in New York.
The financial regulator filed a notice of appeal against Judge Analisa Torres’ ruling that Ripple had not violated securities laws through XRP sales to retail investors. In September, Fox Business journalist Eleanor Terrett gave initial hints of the incoming appeal after speaking to a former SEC lawyer who had recently parted ways with the commission.
On October 18th, the commission filed a civil appeal pre-argument statement (Form C) against Ripple, seeking appeals on Ripple’s programmatic XRP sales on crypto trading platforms and the company’s distribution of XRP to employees.
The Ripple community has accused the regulator of trying to delay the conclusion of its legal war with the crypto payment company until 2025. Many crypto enthusiasts expressed their frustrations on social media concerning the never-ending legal battle between the regulator and Ripple. Users claim that the commission was intentionally filing at the last minute to frustrate the defendants and the entire crypto community.
One X user highlighted that the regulator seems to be trying to delay the inevitable again. The user also mentioned that they can’t wait for former U.S. president Donald Trump to fire Gary Gensler and withdraw the XRP case appeal. The presidential aspirant promised to fire U.S. SEC chair Gary Gensler while speaking at the Bitcoin Conference 2024 on July 27th once he assumes office after the November elections.
Stuart Alderoty, Ripple’s chief legal officer, and Ripple’s CEO Brad Garlinghouse said in earlier statements that Ripple would win the appeal. The lawyer wrote on X that the U.S. SEC’s strategy is to distract and confuse Ripple and the entire crypto industry. On the other hand, Garlinghouse said in an interview with Eleanor Terrett that Ripple would win the appeals.