Ripple v. SEC: Judge sets schedule for damages talks
Not long after blockchain company Ripple and the United States Securities and Exchange Commission (SEC) agreed on the proposed schedule of 90 days to conduct settlement discussions, Judge Analisa Torres set the specific dates in line with the warring parties’ proposition. Specifically, they have until February 12, 2024, to complete remedies-related discovery; the SEC can file its brief by March 13, 2024; Ripple has until April 12 to file its opposition, and then the regulator can reply by April 29, 2024, according to the court documents shared by defense attorney James K. Filan on November 13. #XRPCommunity #SECGov v. #Ripple #XRP Judge Torres has set the schedule regarding remedies discovery and briefing. pic.twitter.com/Vvc8wPVWlT — James K. Filan (@FilanLaw) November 13, 2023 According to legal expert Jeremy Hogan, this means that a final judgment will not arrive before July 2024, but he also noted that the “defense has whittled the case down to only 20% of what ...