SEC scores a minor victory in legal dispute with Ripple Labs

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Law Law Headlines News

While the ruling in favor of the SEC in this instance marks a small win, some onlookers have suggested that the enforcement body is dragging its heels and slowing the case down to frustrate Ripple Labs.

As part of the delayed schedule, the defendants now have until April 8 to submit an answer to the SEC’s complaints, while the SEC’s decision on additional discovery is due the following week on April 15, and joint proposed scheduling order is also due on April 22.

However the dates are not set in stone, and could change depending on how fast Ripple Labs moves, with Filan noting that: “The filing of the Individual Defendants’ Answer is the triggering event. When the Answer is filed, even if before April 8th, the date the Answer is filed starts the two week clock running for the filing of the SEC position on discovery and the Joint Proposed Scheduling Order.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

ankr Web 3

🚀🚀

Holding is hard in bear markets, there's temptation to get out of your position. Holding is also hard in bull markets, the siren song of altcoins is difficult to resist btc_ct tweets & tips have been helpful so far,follow her I expect bitcoin to break $48k soon

🚀🌙

🚨🚨🚨🚨🚨🚨🚨🚨🚨 Kadena is going for $ 250 _ $ 500 in 2022 will soon...Are you ready for an explosive pump ! We prove together that these prices are a joke for Kadena ... 💪🏻💪🏼💪🏽💪🏾💪🏿 together KDA 💎💎 FLUX 💎 web3 NFT Coinbase Binance Btc

Set up for Zilliqa

🚨🚨🚨🚨🚨🚨🚨🚨🚨 Kadena is going for $ 250 _ $ 500 in 2022 will soon...Are you ready for an explosive pump ! We prove together that these prices are a joke for Kadena ... 💪🏻💪🏼💪🏽💪🏾💪🏿 together KDA 💎💎 FLUX 💎 web3 NFT Coinbase Binance Btc

Word is out that a lot of hype is building around MetaBetcasino. Did you see the last contest they had on Twitter? 👀

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ripple vs. SEC: Court Grants Plaintiff’s Request for Extension of TimeThe court has approved the SEC’s Request for an extension of time despite Ripple’s opposition Ripple Ripple MC81236843 Ripple If they announce early, the SEC has 1 week from that time. bgarlinghouse chrislarsensf Let's get it done! I follow back Retweet FireGaryGensler, XRPL, $XRP, XRPArmy, XQK, XRDOGE Sending $XRP is protected by the first amendment! It is how I communicate appreciation.
Source: Utoday_en - 🏆 295. / 63 Read more »