The post US Appeals Court Issues Schedule Order In Ripple Case appeared on BitcoinEthereumNews.com.

XRP Lawsuit: A US Court of Appeals has issued a time schedule order for appeals filed in the long-running Ripple lawsuit. The appeals court has asked both parties to comply with the schedule order, failing which may result in the dismissal of the appeal. Ripple Labs and CEO Brad Garlinghouse by April 7, 2025. US Appeals Court Sets Schedule in XRP Lawsuit In the latest court filing, the US Court of Appeals for the Ninth Circuit issued a docketing notice for appeals related to In re Ripple Labs Inc Litigation rulings by the district court. In addition, the court issued a scheduling order with the Sostack v. Ripple Labs case title. The appellant filed an individual claim against Ripple, XRP II and CEO Brad Garlinghouse in the XRP lawsuit regarding violations of securities laws. Notably, the district court has ruled in favor of Ripple and CEO Brad Garlinghouse, but it is now challenged in the appeals court. Furthermore, the court asked parties to file any motions seeking relief from this court separately. The motions filed along with the notice of appeal in the district court are not automatically transferred to this court for filing. Time Schedule Order in Ripple Lawsuit As per the scheduling order by the appeals court, appellant Bradley Sostack needs to file the Mediation Questionnaire due by January 29. Also, the court has given the March 6 deadline for submitting the appeal opening brief. This provides exact arguments against Ripple Labs, XRP II and CEO Brad Garlinghouse in the XRP lawsuit. The ruling in this case may create a binding precedent for the Ripple vs SEC lawsuit. Ripple Labs, XRP II and CEO Brad Garlinghouse will submit an appeals answering brief by April 7, 2025. Notably, the company will file its brief in Ripple vs SEC case…

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Filed under: News - @ January 26, 2025 1:18 pm