News View Non-AMP

XRP Lawsuit Fresh Update: Ripple Requests April 16, 2025 Deadline for Brief in SEC Case

Published by
Anjali Belgaumkar

The legal battle between Ripple and the SEC continues and recently, Ripple requested a due date of April 16, 2025, for its brief in the ongoing case. This comes after the SEC filed its opening appeal brief, signaling that the regulator is not backing down.

Ripple Requests April 2025 Deadline in SEC Appeal

Many had hoped that the SEC would step back after the court’s earlier ruling, which found that certain sales of XRP were not considered securities. However, as expected, the SEC has decided to appeal the decision, arguing that the court made fundamental errors in its ruling.

The SEC claims that digital asset sales on exchanges like XRP should be classified as securities. However, Ripple’s legal team, led by stuart alderoty is confident that the SEC’s appeal will not succeed, and they expect stronger arguments to prevail in court.

Alderoty had dismissed the SEC’s appeal as “just noise.” He said that the appeal merely rehashes arguments that have already failed and predicted that the next administration would likely abandon the case. Ripple remains confident that they will win and that a new era of regulation supportive of innovation is coming.

Ripple Confident SEC’s Appeal Will Fail

Attorney Jeremy Hogan, who has been following the case closely, has also criticized the SEC’s appeal. He describes it as “lackluster” and believes the SEC’s arguments are weak. Hogan points out that the SEC still struggles to prove that retail investors expected profits from Ripple’s efforts, especially those who were unaware of the company’s existence. Hogan suggests that it is unlikely the second circuit will rule in favor of the SEC.

Anjali Belgaumkar

Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

Recent Posts

The AI Crypto Presale Game Studios Are Dreading Drops This Week

After a turbulent few years, traditional game studios are now facing yet another existential challenge. …

June 27, 2025

U.S. Crypto Regulation Bill Will Be Ready by September 30th, Says Tim Scott

After months of debate, the U.S. crypto regulation bill is now expected to be finalized…

June 27, 2025

Dogecoin Price Prediction as Bitwise Amends S-1 Filings for Spot Dogecoin ETF

Dogecoin just took an important step toward getting its own spot ETF. Bitwise, one of…

June 27, 2025

The 2025 Bull Run is Here: The Best Meme Coin to Invest In? Top 5 Picks

Bitcoin blasting past $100,000 lit a fire under the whole crypto market. It was a…

June 27, 2025

Why Judge Torres Said No to Ripple vs SEC Lawsuit Settlement

Judge Analisa Torres has denied a joint motion filed by Ripple and the SEC —…

June 27, 2025

Will Ripple vs SEC Lawsuit’s New Delay Affect XRP ETFs? Here’s What We Know

The long-running Ripple vs SEC case took another turn this week after Judge Analisa Torres…

June 27, 2025