In the latest updates on the court case between Ripple and the United States Securities and Exchange Commission (SEC), the Magistrate Judge Sarah Netburn, has ordered strict deadlines for the regulatory agency to respond to the crypto firm’s motion.
Judge Issues New Scheduling Order
On Thursday, April 25, the magistrate Judge Netburn issued a new scheduling order regarding the years-long legal battle between Ripple and the US SEC.
Former federal prosecutor and defense lawyer, James K. Filan shared details of the scheduling order in an X (formerly Twitter) post. The order states that the SEC has been granted a deadline of Monday, April 29, 2024, to file a rebuttal to Ripple’s Motion to Strike. Following this, Ripple is mandated to file a response within three business days.
This order is a critical step in Ripple’s case with the SEC, as it will potentially address the SEC’s recent submission of its motion to strengthen the remedies and entry of final judgment.
We współpracy z: https://bitcoinist.com/ripple-vs-sec-lawsuit-deadline/
