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XRP Lawsuit: Lawyers Confirm Appeals Opening Brief by Gensler's US SEC

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Summary
Nutrition label

65% Informative

Lawyers closely following the XRP lawsuit have confirmed that the U.S. Securities and Exchange Commission ( SEC ) under outgoing chairman Gary Gensler will file its appeals opening brief.

The court ordered the SEC to sbmit opening brief by January 15, 2025 .

Experts believe it could be a last-minute filing to create headwinds for Ripple similar to Jay Clayton , former SEC chair who brought the case against Ripple and its executives.

VR Score

47

Informative language

35

Neutral language

37

Article tone

formal

Language

English

Language complexity

45

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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