Circuit

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/ripple-labs-faces-legal-hurdles-in-xrp-case" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple Labs Faces Legal Hurdles in XRP Case</a><br></p>
<p style="text-align: justify">The legal battle surrounding <a href="https://en.bitcoinhaber.net/bitcoin-and-xrp-analysts-predict-end-of-bull-run-and-year-end-targets" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple</a> Labs and the U.S. SEC continues to unfold, with new developments in the <a href="https://en.bitcoinhaber.net/bitcoin-targets-68000-mark" data-wpel-link="internal" rel="noopener noreferrer nofollow">XRP</a> case. The U.S. Second Circuit Court of Appeals has issued a warning to Ripple regarding a procedural oversight, which could impact the company’s ability to present arguments in upcoming oral hearings.</p>
<h2 id="what-legal-documents-are-required">What Legal Documents Are Required?</h2>
<p style="text-align: justify">The Second Circuit has noted that Ripple has yet to submit the necessary Attorney Approval and Appearance Notice, a document due on October 18. This omission raises concerns about Ripple’s preparedness for the next steps in the legal process.</p>
<h2 id="how-will-ripple-labs-respond">How Will Ripple Labs Respond?</h2>
<p style="text-align: justify">While the SEC met its Form C filing deadline without issue, Ripple Labs received a 14-day extension to rectify its procedural shortcomings. Failure to submit the required documents could prevent Ripple’s attorneys from delivering oral arguments in the appeal.</p>
<p style="text-align: justify">Ripple Labs is committed to complying with court requirements and does not anticipate future violations. After the SEC’s recent Form C submission, Ripple’s Chief Legal Officer, Stuart Alderoty, stated that the company plans to respond promptly.</p>
<ul>
 <li>The case may influence future regulatory approaches to cryptocurrency.</li>
 <li>Ripple aims to counter the SEC’s enforcement methods.</li>
 <li>The appeal’s outcome could have lasting effects on cryptocurrency regulations.</li>
</ul>
<p style="text-align: justify">The ongoing developments in the XRP case signify a pivotal moment for Ripple Labs, where strategic decisions will not only shape the case’s result but also impact the broader cryptocurrency regulatory landscape.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/ripple-labs-faces-legal-hurdles-in-xrp-case" data-wpel-link="internal" rel="noopener noreferrer nofollow">Ripple Labs Faces Legal Hurdles in XRP Case</a></h5>

Ripple Labs Faces Legal Hurdles in XRP Case

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