PANews reported on October 23 that according to Crypto Briefing, Ripple faced a procedural setback in its legal battle with the U.S. Securities and Exchange Commission (SEC) for failing to submit court documents on time. The U.S. Court of Appeals for the Second Circuit has issued a default notice to it, but granted a 14-day extension, allowing Ripple's legal team to submit supplementary documents before November 1. Legal experts pointed out that although this procedural error may seem minor, it may have an adverse impact on Ripple's defense strategy, especially at the current critical appeal stage. If Ripple makes another mistake, it may weaken its legal position in the appeal.