Attorney Jeremy Hogan believes the next few months could be interesting in the ongoing Ripple-SEC lawsuit. Commenting on the case developments recently shared by the Cryptolaw founder, the US lawyer made his inference based on the last order of Judge Torres in the ongoing case.
There’s only one major takeaway from this Order on the Ripple v. SEC case:
Judge TORRES is getting ready to take over.
The next couple months will be very interesting with all the major rulings that are being teed up! https://t.co/FLcKyMhVzF pic.twitter.com/t6CKa02qsI
— Jeremy Hogan (@attorneyjeremy1) February 3, 2022
In a series of tweet updates, Cryptolaw explained the final decisions and what this could mean for Ripple. Ripple attorney James K. Filan also previously notified the XRP community of the latest ruling, in which Judge Torres ordered the disclosure of three documents related to Chris Larsen and Brad Garlinghouse’s emails and legal memos.
#XRPCommunity #SECGov v #Ripple #XRP In today’s Ruling, Judge Torres ordered 3 documents unsealed now: 172-1, the Notice of Brad Garlinghouse’s Deposition in the SEC formal investigation, 179-4, a Chris Larsen Email String, and 179-5, a Brad Garlinghouse Email. These are below.
— James K. Filan 🇺🇸🇮🇪 (@FilanLaw) February 4, 2022
In the final decision, some of the motions of Ripple defendants to seal their various documents were accepted and some were rejected.
Judge Torres will open an email by Larsen finding the reasons for Ripple’s “unfair” sealing of the legal notes, but will redact three documents to Garlinghouse to protect “potentially sensitive information” and require some documents filed by both parties to be made public. will provide.
Finally, Torres will provide Ripple with an opportunity to respond to the SEC’s recent move to block fair notice defenses.
Despite the lawsuit, Ripple is stronger
Ripple recently announced its strategic partnership with Modulr, a major payment solutions provider in the UK.
The San Francisco-based blockchain company also stated that it has reached a valuation of $15 billion after buying back shares from investors participating in its Series C round.
CEO Brad Garlinghouse stated that despite its legal dispute with the SEC, Ripple is in its strongest financial position ever. In a recent interview, Garlinghouse also raised that Ripple might go public in the future.