Ripple with SEC There has been a new development in the legal struggle between the parties that has been going on for years.
At this point, Ripple and the SEC agreed to keep documents about the solutions to the case confidential.
Ripple and the SEC filed a joint settlement offer with the United States District Court for the Southern District of New York.
The parties also proposed changes to the schedule for filing and public disclosure of court documents and presented a schedule:
According to the submitted schedule, “March 22: The SEC will file its summary, statements and exhibits regarding its opening resolutions under seal.
March 25: Parties will meet to determine adjustments.
March 26: The SEC will file the public version of its opening brief.
April 22: Ripple to submit appeal brief and supporting documents.
April 24, 2024: Ripple will make a publicly available, redacted version of the appeal brief.
May 6: SEC to file objection response brief under seal.
May 8, 2024: The SEC will make available to the public a redacted version of the response brief, along with all supporting documents not classified as Secret or Top Secret.”
While new developments continue to come in the case between Ripple and the SEC XRP Its price fluctuates along with the rest of the crypto market. With the recent decline, XRP dropped to $0.56.
#XRPCommunity #SECGov v. #Ripple #XRP The parties have filed a joint sealing proposal “to govern sealing issues relating to the upcoming remedies-related briefing to be filed in this case.” pic.twitter.com/gaF2DLlWDN
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) March 19, 2024
*This is not investment advice.
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