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<p>In a turn of events, an update dropped a bombshell on XRP enthusiasts. We recently reported that there is a confusion going on among the community regarding the deadline for the <a href="https://coinpedia.org/news/ripple-news-xrp-grows-amidst-sec-appeal-confusion/" target="_blank" rel="noreferrer noopener">SEC to file the Form-C</a>. Even attorney Jeremy Hogan was unsure when the due date was. And as one would image, this has created some turbulence. </p>   
<p>Let’s uncover what new update came to light.</p>   
<h2 class="wp-block-heading" id="h-clearing-up-sec-appeal-confusion"><strong>Clearing Up SEC Appeal Confusion</strong></h2>   
<p>Fox Business journalist Eleanor Terrett shared a court document linked to the <a href="https://coinpedia.org/news/ripple-vs-sec-appeal-news-chatgpt-says-case-wont-end-if-sec-misses-deadline-today/" target="_blank" rel="noreferrer noopener">Ripple vs SEC case</a>. While the SEC did submit its initial appeal after the August 7 ruling, it wasn’t officially added to the docket on the same day.</p>   
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   https://twitter.com/EleanorTerrett/status/1846779979046015234 
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<p>The United States Court of Appeals for the Second Circuit has now cleared up the confusion. According to the docket, the SEC’s notice of appeal was officially filed on October 4 under docket number 24-2648.</p>   
<h2 class="wp-block-heading" id="h-understanding-the-updates">Understanding the Updates </h2>   
<p>This new information changes what many in the XRP community thought. Earlier, excitement boosted XRP’s price by 4%, as many believed the SEC had until October 16, 23:59, to submit Form C. With no updates in sight, many thought the deadline had passed, and they began celebrating, assuming the SEC had missed its chance to appeal.</p>   
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 <img src="https://image.coinpedia.org/wp-content/uploads/2024/10/17112536/xrp-chart-3.png" alt="xrp price chart" class="wp-image-368081">
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<p>However, according to the docket, the SEC actually has until October 18, 23:59, to submit the form.</p>   
<p>Once this clarification surfaced, <a href="https://coinpedia.org/price-prediction/xrp-ripple-price-prediction/" target="_blank" rel="noreferrer noopener">XRP’s price</a> dropped quickly, falling by over 1%. The token is now trading at $0.5576.</p>   [post_titles_links postid="368096"]   
<h2 class="wp-block-heading" id="h-key-dates-to-watch-moving-forward">Key Dates to Watch Moving Forward</h2>   
<p>The SEC must submit its Form C, detailing which rulings it wants to challenge, by October 18. Ripple will then have 7 days to file its cross-appeal. After both forms are submitted, the parties will need to agree on a briefing schedule. The SEC will have 90 days from that point to file its opening brief, outlining its legal argument.</p>   
<p>If the SEC files the Form C, this case could stretch into mid-2025.</p>   
<p><strong>Is this a setback for XRP, or a chance for a fresh start? Tell us how you view this.</strong></p>

Ripple vs. SEC Appeal Deadline Extended: What It Means for XRP Price

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