Daubert Motion Deadline Extended for Both SEC and the Ripple, as the Court Grants Parties’ Latest Joint Motions
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In what is the most recent development in SEC-Ripple lawsuit, the federal court has granted the joint motion to extend the daubert motion deadline. Now that the deadline has been extended to January 13th, 2023, both the parties have got some extra time to redact documents. Under the daubert motion, the parties are allowed to exclude certain parts of the documents they intend to submit with the court as evidence. The development was made public by Ripple lawyer and former federal prosecutor James K. Filan. #XRPCommunity #SECGov v. #Ripple #XRP Scheduling Update as of December 21, 2022. pic.twitter.com/xnBqxUzSFq — James
Judge Torres rejected Ripple and the SEC’s joint motion to vacate the XRP injunction and reduce the penalty. The court said the settlement cannot override its final ruling and advised both parties to pursue an appeal if they want relief. Ripple may now be forced to continue the appeals process,…
TL;DR Just as the XRP Army celebrated the official ending of the legal case against the SEC, Judge Analisa Torres has denied the joint motion for an indicative ruling on their settlement. XRP’s price reacted with an immediate price drop, but Ripple’s CLO said the company has nothing to worry…
The U.S. SEC and Ripple have jointly refiled their request for an indicative ruling, addressing the procedural shortcomings raised by Judge Analisa Torres. For context, the parties initially filed a motion for an indicative ruling to modify Judge Torres’ August 2024 final judgment in May. That judgment required Ripple to…