The Ripple vs SEC lawsuit is ongoing, with recent developments including a joint motion filed by both parties to extend the time until January 13th for filing motions and accompanying exhibits on the public docket. There are also disputes over the sealing of motions for summary judgment, and the judge’s decision on the matter is expected to be critical. The expert testimony and Dalbert challenges have already been fully briefed, while parties and non-parties must file their motions and oppositions regarding the sealing of the summary judgment materials before January 9th, 2023. The last phase of the lawsuit is expected to end with the judge’s decision.
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The Latest Ripple and XRP Update: What You Need To Know
Ripple and XRP have been making headlines in the crypto world, and there have been some interesting updates in the SEC lawsuit filed against Ripple. In this article, we will be diving deep into the latest developments and what it means for the world of cryptocurrency.
Introduction
Hey guys, what’s up? it’s Dusty here, and welcome back to another episode of The Daily Crypto News. Today, we have a juicy update, mostly regarding Ripple and XRP. So, for all you extra beholders out there, make sure you press that like button. Also, for future reference, let me know down below which crypto we have to talk about next. We’ve been discussing XRP a lot, and I want to talk about another crypto; so, which one should it be? Let me know down below.
Recent Developments in the Ripple vs. SEC Lawsuit
Some interesting developments have happened a few hours ago, and it mostly concerns the Ripple vs. SEC lawsuit. John Deaton, who is not involved in the case, tried to join the lawsuit to help out. However, the interesting aspect of the update is the joint motion filed by both parties requesting an extension of time until January 13th to file motions and accompanying exhibits. The reason for the extension is related to dollar challenges and holidays.
The motion was granted, and it means that things will take a little longer now. However, it is essential to note that this is not the main decision for the judge, and the main decision is still ongoing.
What We’re Waiting For
The parties have fully briefed the motions for summary judgment, including the oppositions and the replies. There are sealing disputes, which the judge has to resolve. Once that is resolved, we can move on to the most critical decision from the judge in the whole lawsuit.
The remaining schedules are as follows:
December 22nd – Parties have to file an Omnibus motion to seal all material relating to the Summary Judgment. They must also file proposed redactions to those materials.
January 4th – Any non-party must file a motion to seal any Summary Judgment materials to the extent the non-party seeks additional or different sealing treatment or redactions than requested by the parties.
January 9th – Parties will file doubled motions and accompanying exhibits on the public docket with redactions consistent with the court’s 19th December order.
Conclusion
In conclusion, we are eagerly awaiting the judge’s decision that will determine the outcome of the Ripple vs. SEC lawsuit. The process has been slow and somewhat cumbersome, but we hope that it will ultimately lead to a clear and concise ruling that will benefit the crypto community. As always, stay tuned for more updates in the world of cryptocurrency.
HTML H2 Headings:
– Introduction
– Recent Developments in the Ripple vs. SEC Lawsuit
– What We’re Waiting For
– Conclusion
