Ripple vs SEC Experts Argue SECs Appeal is Mere Bureaucracy

Legal expert Fred Rispoli has stated that Ripple’s appeal in the SEC case will primarily focus on paperwork rather than presenting new evidence or going to trial. Both sides will file written briefs, followed by oral arguments in September or October 2025. These arguments will provide insight into the judge’s perspective on the case. The SEC has requested an extension to submit its main brief, which Rispoli believes is due to resource constraints and a heavy workload.

One significant aspect of Ripple’s appeal is the inclusion of amicus briefs, which are documents submitted by third parties to provide insights and context. In the Ripple case, 14 amicus briefs have been filed, highlighting the widespread interest in this legal battle. Rispoli believes that the appellate court may take these third-party inputs seriously as they offer diverse perspectives and strengthen Ripple’s defense.

Rispoli also speculates that SEC Chair Gary Gensler may step down from his position soon, regardless of the political outcome of the 2024 elections. This potential change in leadership at the SEC could impact the agency’s approach to crypto regulation, potentially creating a more favorable environment for Ripple. Additionally, Rispoli notes that if Congress passes crypto-specific legislation by January 2025, Ripple could use this as a supplemental authority in their appeal, potentially influencing the SEC’s stance and providing new opportunities for Ripple’s legal strategy.

In conclusion, the outcome of Ripple’s case relies on thorough documentation, the persuasive power of amicus briefs, and the possibility of shifting political dynamics that could redefine crypto regulations.