The post Ripple Vs. SEC Legal Dispute: Expert Speculates On April Conclusion appeared on BitcoinEthereumNews.com.

The ongoing legal battle between San Fransisco-based payment firm Ripple Labs Inc. and the United States Securities and Exchange Commission (SEC) is presently in the limelight as today marks the deadline of the lawsuit’s discovery phase. Set Of Crucial Dates For Ripple Vs. SEC Lawsuit Ashley Prosper, an XRP community member, shared the latest development regarding the lawsuit on the social media platform X (formerly Twitter). According to the expert, the current “remedies-related discovery phase” in the case between Ripple and the SEC will end today, February 20. Proper’s X post was accompanied by a screenshot of a piece of the filing document, which shows several upcoming dates to watch out for and the significance of these dates. It highlights 4 crucial dates, which include February 20, March 13, April 12, and April 29. The post aimed at clearing up “some misconceptions” concerning the ongoing case between the two parties. It is noteworthy that today also represents the day Ripple is supposed to comply with the court’s order in providing its financial data. Prosper pointed out that until the Commission submits its remedies-related brief on March 13, the community will not be able to get any information that Ripple has turned over. However, they urged the community not to put much hope in the development. The post read: To clear up some misconceptions. Tomorrow is the extended deadline in the Ripple vs SEC case for remedies-related discovery. We will not see anything Ripple has handed over until the SEC files its brief on March 13 and do not expect much on that front. Furthermore, the pundit also highlighted that the deadline for submitting final remedies is set on April 29 while refuting false claims that Judge Torres Analisa’s final decision on the case is not due in April. They asserted that…

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Filed under: News - @ February 20, 2024 3:20 pm