The post Ripple vs SEC: Decoding Legal Drama, What’s Next in the XRP Lawsuit? appeared first on Coinpedia Fintech News
In the recent episode of CryptoLaw TV, renowned crypto lawyer John Deaton dissected the potential outcomes for Ripple in its ongoing legal case with the SEC following the recent scheduling order, which maps out the final stages of the trial.
Deaton pointed out essential dates in the judge’s order, crucial for Ripple’s case. The first key date is February 12th, marking the end of the discovery phase related to remedies.
Following this, on March 13th, the SEC will detail the penalties they seek from Ripple. Ripple’s response is due by April 12th, and the SEC’s final reply is set for April 29th. These dates set a timeline for when we might expect a resolution in the case. Finally.
The Significance of Remedies in the Case
What stands out in Deaton’s analysis is his emphasis on the nature of remedies Ripple might face. Ripple’s case doesn’t involve fraud but
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