Lawyer Rispoli: The key to Ripple's fight against the SEC lies in the documentation

2024-10-27 11:44:57

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ChainCatcher news, lawyer Fred Rispoli stated that Ripple's appeal against the U.S. Securities and Exchange Commission (SEC) mainly relies on paperwork rather than new evidence or trials.

He pointed out that both parties will submit three core documents, and oral arguments are expected to take place in September or October 2025, with preliminary opinions potentially affecting the outcome of the case. Rispoli also emphasized that amicus briefs will play an important role in this appeal, providing new perspectives.

Additionally, he predicted that SEC Chairman Gary Gensler may resign, and new leadership will have a significant impact on cryptocurrency regulation. If Congress passes new legislation by the end of the year, Ripple's legal team will leverage this new law to influence the direction of the case.

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