XRP Lawsuit: US Appeals Court Issues Schedule for Ripple Case

XRP Lawsuit Update: Court Schedules Key Dates in Ripple Case Appeal

The US Court of Appeals for the Ninth Circuit has released a filing timeline for the appeal in the ongoing Ripple case. The parties must file within the deadlines, so their appeal may be dismissed if they fail to comply. Ripple Labs and its CEO, Brad Garlinghouse, are some of the defendants who filed within their response deadline of April 7, 2025.

US Appeals Court Issues Schedule for XRP Case:

In the latest filing, the Ninth Circuit Court issued a docketing notice for the appeals related to the In re Ripple Labs Inc. litigation, stemming from district court rulings. Additionally, the court set a specific schedule under the Sostack v. Ripple Labs case.

Appellant Bradley Sostack sued Ripple, XRP II, and its chief executive, Brad Garlinghouse. As he personally pursued this lawsuit against these entities for violations of securities laws, the district court dismissed Sostack's claims and judgment in favor of Ripple and Garlinghouse was appealed by the former to the appeals court.

The court also clarified that motions for relief must be filed separately, as any motions included with the district court's appeal notice will not be automatically transferred. 

Timeline in Ripple Case Appeals: 

An important date on Bradley Sostack's appeals calendar is January 29th, at which point Sostack was ordered to have filed the Mediation Questionnaire. This calls for the filing of an opening brief on his appeal on March 6, which presents the cases of the appellants against Ripple Labs, XRP II, and the chief executive, Garlinghouse in the ongoing Ripple vs. SEC case. It marks a landmark for the case at hand.

Ripple Labs, XRP II, and Brad Garlinghouse shall submit their answering brief on or before April 7, 2025. The court also allowed Ripple to file its brief in the case of Ripple vs. SEC by April 16, as it was filed with the 2nd Circuit Court of Appeals. In the case of Ripple vs. SEC by April 16 since it filed with the 2nd Circuit Court of Appeals.

A reply may be filed within 21 days from the submission of the answering brief, as per the court's schedule the ongoing case of XRP vs SEC, pursuant to the schedule of the appeals court. 

Recent Developments in the XRP Lawsuit:

Ripple and CEO Garlinghouse are pushing to bring an end to the lawsuit, demanding that Sostack and the plaintiff class cover expenses related to the lawsuit. After the district court ruled in Ripple’s favor, the company filed a "bill of costs," seeking reimbursement for time and money spent on defending the securities violation claims.

In a recent court filing, Bradley Sostack appealed against the $210,591.52 in costs imposed on the plaintiffs. Legal experts believe that the case could see a settlement or dismissal by April or May, especially with the potential decision by the Trump administration not to pursue further appeals.