The post Ripple Vs SEC Lawsuit Update: Here’s What To Expect Next Week appeared first on Coinpedia Fintech News
Last week, the legal battle between Ripple and the US Securities and Exchange Commission (SEC) progressed to trial, with many expecting a soon resolution. Attorney James K. Filan announced a new schedule from Magistrate Judge Sarah Netburn, targeting the motion for remedies and final judgment. The SEC must respond by April 29, and Ripple has three business days afterward to reply.
A Crucial Week For Ripple And SEC
Magistrate Judge Sarah Netburn has established a timeline for the ongoing lawsuit between Ripple Labs and the Securities and Exchange Commission (SEC). This schedule is connected to Ripple’s attempt to dismiss the SEC’s latest expert evidence intended to support its argument for penalties and a definitive ruling. Judge Netburn has granted the SEC an extension until April 29, 2024, to file their counterarguments to Ripple’s motion. Ripple will th
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