XRP Soars as the SEC Appeal Deadline Confusion Continues
Ripple’s XRP has been on a positive trajectory with a support at $0.54. The digital asset is seeing a 3.18% surge in the past three hours reaching $5.664, according to U.Today. Amidst this price rise, a community confusion is brewing as to whether the US Securities and Exchange Commission (SEC) has passed the deadline for filing the Form C.
While several big XRP accounts indicate that the deadline was a few hours ago, others believe there is still a day left. This ambiguity is triggering a plethora of opinions on when the deadline may actually be, resulting in many trying to calculate how many days have already passed since the SEC filed its appeal.
XRP LEGION even tweeted to ask the exact deadline, however, he received a variety of answers. With one side feeling the time has nearly run out, there are those on the other side of the spectrum thinking that the SEC has still 24 hours to submit Form C. Attorney Jeremy Hogan even weighed in on this controversy.
He pointed out on Twitter that a filing takes into account neither the day of the filing nor does it consider today, making it due the following day, unless the math is flawed. It is essential to note that the U.S Court Listener doesn’t reflect any new document on the SEC versus Ripple Labs case as yet.
This may suggest a looming deadline in another day, or it might have already run its course. Ripple followers and XRP token holders should watch this story unfold and remain updated with the latest happenings.
