SEC Delays Ripple Form C Appeal
This is a US news story, published by CoinGape, that relates primarily to Eleanor Terret news.
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SEC appealCoinGape
•Ripple vs SEC case remains confused as to what exactly the SEC is appealing
64% Informative
Fox Business journalist Eleanor Terret reported that the SEC has yet to file its Form C with the Second Circuit .
Legal experts predict that a ruling from the 2nd Circuit Court may not be expected until early 2026 .
US SEC has appealed for the final court judgment on August 7 , which involves the $125 million penalty payment by Ripple .
The XRP price has faced strong selling pressure following the SEC appeal, and dropping by over 15% .
At press time, the price is trading at $ 0.52 with a market cap of $29.7 billion .
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