Ripple’s Legal Battle Looms, SEC Deadline Approaches

A critical deadline looms for the legal battle between Ripple Labs and the U.S. Securities and Exchange Commission (SEC). The SEC is obligated to submit a status report to the U.S. Court of Appeals for the Second Circuit by June 16th. This follows a temporary pause in the appeal process, which was granted earlier this year following a joint request from Ripple and the SEC. This pause has now ended, with a 12-day countdown until the deadline. )