Ripple Attorney Sets A Clear Date For The Resolution Of The XRP-SEC Case!

Jeremy Hogan, a US attorney and partner of Hogan & Hogan, Ripple He pointed to March 31, 2023, agreeing with James K. Filan’s estimate of when Judge Torres might decide on the expert requests, as well as the summary judgment, for his case.

Two Lawyers Dealing With The Ripple Case Pointed To March 31, 2023 For The Case

While sharing an updated timetable of events in the Ripple case, James K. Filan noted that despite the slight shift in developments, District Judge Torres remains faithful to his prediction that on or before March 31, 2023, he will decide both expert claims and summary judgment requests at the same time.

From now on, this is cryptocurrency It means that his case will be resolved in the next four to five months, which is a very optimistic forecast.

Ripple CEO Brad Garlinghouse informed attendees at the DC Fintech Week conference that the SEC lawsuit against Ripple will be resolved in the first half of 2023.

According to Garlinghouse, the case is likely to be resolved in the next three to four months. However, he does not rule out the possibility that it may take longer.

Garlinghouse added that Ripple may consider reconciliation with the SEC, but emphasized that XRP should be recognized primarily as a non-security product.

In September, the SEC and XRP filed petitions for summary judgment, asking District Judge Analisa Torres to make a decision based on the arguments presented in the accompanying documents. Subsequently, both Ripple and the SEC filed appeals against each other’s summary judgment request.

According to the trial’s previous timeline, responses to summary resolutions were expected by November 15, but were delayed until November 30, when all briefings were completed and Judge Torres’ final decision was awaited.

*Not investment advice.

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