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

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Cointime2024/10/27 03:44

By:Cointime

lawyer Fred Rispoli stated that Ripple's appeal to the U.S. Securities and Exchange Commission (SEC) mainly relies on document work rather than new evidence or trial. 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 possibly affecting the outcome of the case. Rispoli also emphasized that third-party amicus briefs will play an important role in this appeal, providing new perspectives. In addition, he predicted that SEC Chairman Gary Gensler may resign, and new leadership will have a significant impact on cryptocurrency regulation. If new legislation is passed by Congress before the end of the year, Ripple's legal team will use this new law to influence the direction of the case.

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