SEC Filing Sparks New Ripple Appeals Debate: Legal Experts Clarify Timeline

The U.S. Securities and Exchange Commission (SEC) has filed its August 15 status report with the U.S. Court of Appeals for the Second Circuit, formally indicating that both parties have agreed to dismiss their cross-appeals. This move, while technically a procedural formality, leaves room for Judge Torres’ final order, which could be issued at any moment according to legal expert Bill Morgan.