According to Foresight News, Fox Business journalist Eleanor Terrett reported that Ripple's Chief Legal Officer highlighted October 16 as a significant deadline in the ongoing case between the U.S. Securities and Exchange Commission (SEC) and Ripple. The SEC may overlook this deadline without a Pacer filing. Eleanor Terrett has sought comments from both the SEC and Ripple's Chief Legal Officer.
Previously, Ripple's Chief Legal Officer Ashley Prosper stated that October 16 is the final deadline for the SEC to disclose its reasons for the appeal.
