The U.S. SEC is still advancing its appeal regarding the Ripple case
ChainCatcher news, the U.S. SEC seems to be advancing a series of enforcement cases currently being heard in court. Ripple's Chief Legal Officer Stuart Alderoty posted on X that the SEC will not delay the submission of briefs, which is part of its appeal against the ruling on Ripple.
Alderoty stated, "This is a complete waste of time and taxpayer money; nevertheless, we are confident in our position on the appeal and look forward to working with the new SEC leadership to resolve this matter."
Ripple CEO Brad Garlinghouse agreed with Alderoty's statement, suggesting that the SEC's approach to cryptocurrency enforcement may change after President Trump is inaugurated on January 20.
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