Ripple News: Did SEC Miss the Appeal Deadline or Not? XRP Price Reacts

XRP is on the rise, gaining support from the $0.54 level. At the same time, confusion is spreading in the community about the SEC’s appeal timeline. On social media platform X, many users are sharing their thoughts on when the SEC must file Form C.

It’s confusing yes, but that’s what we’re here to help you with. Let’s break down the online buzz and the facts about the deadline.

Debate Over the Deadline: When Is the Cutoff?

Several large accounts on X have claimed that only a few hours remain for the SEC to submit Form C. Meanwhile, others believe there’s still a day left before the deadline hits. With this uncertainty, some users began calculating the days since the SEC first filed its appeal.

One user, @XRPLEGION, posed the question about the deadline, which received a flood of mixed reactions. Some argued that the time is almost up, while others insisted the SEC still has 24 hours to act.

Things got interesting when attorney Jeremy Hogan replied to the poster’s tweet stating “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)”

Hogan’s comment added to the confusion, leaving the community wondering whether the deadline had passed or if there was still time left for the SEC.

XRP Price Impact

As the debate continued, XRP’s price began to climb. Over the past three hours, the token has jumped 3.18%, reaching $5.664. The excitement within the community suggests they believe the SEC has missed its deadline.

Court Listener shows no new filings in the SEC vs. Ripple Labs case. This raises the question: has the deadline already passed, or does the SEC still have time?

• Also Read :
•   Ripple News: Pro-XRP Lawyer Says SEC Will Lose if It Challenges XRP’s Non-Security Status
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This story just gets more and more twisted by the day. What’s your XRP trading strategy currently?